Mortgage Shortfall

A question about : Mortgage Shortfall

Hi myself and my husband went BR in March 2010, decided to stay in our house and continue to pay the mortgage and arrears as the property was in negative equity. Now 5 years later unfortunately me and hubby are splitting up and neither of us wants to remain in the house. The question I have is when the house is finally repossessed and sold am I correct in that any mortgage shortfall will then fall into both our Bankruptcies?

Thanks in advance

Best answers:

• Hi,
  Providing that you have not signed a 'deed of acknowledgement' (although such a thing has not been tested in court) or re-mortgaged then yes, the shortfall will automatically become part of your earlier bankruptcies.
  DD
• No we have not signed anything or re-mortgaged.
  Thank you very much for your reply.