Squestration: Will I lose my home if I am sequestrated?
If you are sequestrated then any assets of value, including your home or any equity you have in it, will be required to be sold. This applies in most situations but there may be exceptions in particular circumstances.
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SEQUESTRATION What is sequestration? How long will I be sequestrated? What are the consequences of sequestration? What is apparent insolvency? Will I lose my home if I am sequestrated? TRUST DEED What is a trust deed? How do I enter into a trust deed? How long does a trust deed last? How long does it take to arrange a trust deed? What are the advantages of a trust deed? REMORTGAGE Do I have to be a home owner to apply for a remortgage? What are the steps involved in remortgaging? How long does all this take to complete? Will I have any money left at all after I have remortgaged and repaid my debts?
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in2credit Edinburgh Cowan & Partners Accountants & Tax Advisors
60 Constitution Street, Leith, Edinburgh EH6 6RR in2credit the established Scottish insolvency practitioners