dept

[dawney123]

i have unsecured dept �15000,credit cards and loans can they make me sell my house to repay.or if i have to go to court and make offers will this be ok any body got any experiances of this

[Loosehead]

If you are refusing to pay then they will persue the debt using any avenue open to them up to and including putting a charge on your house.

It should not come to this however as they will probably fist seek a ccj but if you have equity then they can apply for a charge to be put on your house, they can't force you to sell but they can put themselves in the queue when you sell it. Can you supply more info, ie are you just refusing to pay? are you disputing the ebt in some way? what are the curcumstances?

[dawney123]

hi thanks for helping me,been to cab they asked if i could get more money to pay off but im not getting in more dept.i have �100 per month according to them to split 7 ways.this is ok with me,cab said because i have �40.000 eqity in my house they could make me sell and pay off and also bayliffs my be used.also offers may not be accepted intersest still charged and they want more.

[beryllium]

can you re-mortgage? pay off the debts and then tear up those cards. �15000.00 is not a lot to add on to your mortgage. Better than the hounds taking a charge out on the property.

[beryllium]

for 15000 over 25 yrs @ 6% will cost �96.65 a month. if taken out over 25 yrs. You say you have �100 a month to spare so that is your answer.

[keithlbw]

Phone National Debtline on 0808 808 4000 (freephone)
Believe me they are really helpful people and very easy to talk to . I was having sleepless nights till I spoke to them. I can't tell you how much they helped me find a bright light at the end of a very dark tunnel.

[dawney123]

i would remorgage and pay off but my income is not enough to do this as i lost my good job and now have to take one less payed.if i offer �15 a month will this be accepted and they wont put a charge on my house any one got anypersonal ex