Debt Advice      Debt Solutions

Debt - Will I lose my house?
Below we have outlined the most common questions asked about debt.
Please click on a question to get the relevant answer.

Is my credit rating going to be affected?
I am being threatened with court action, what can I do?
Can I go to prison for debt?
Will I lose my house?
What is consolidating debt?
What is an IVA?
What are debt management services?
What is bankruptcy and when should I declare it?
Will I be able to get a mortgage or credit in the future?

Will I lose my house?

Property repossession can only occur if you fail to repay your mortgage or any loan you specifically secured against the value of your house. For this reason it is vital that you keep up with your mortgage and secured debts above all others. If you are starting to fall behind on your mortgage repayments do not panic, but seek advice immediately.

 
 
Related News
  29/12/2009 - Consumers paying card debt, say UK banks. U.K. banks reported recently that they increased lending to home buyers in November but...
22/12/2009 - Teenagers in fear of parents' debt. Teenagers in the UK are currently a debt-fearful lot, a recently released survey showed....
15/12/2009 - U.K. housing market recovery to stall in 2010. A property firm has revealed that the U.K. housing market recovery will undergo a...
 
Related Guides
  What are the key points of the new legislation?. A guide to Bankruptcy Bankruptcy How to deal with bankruptcy Definition of terms (BRO,...
Bankruptcy. A guide to Bankruptcy Bankruptcy How to deal with bankruptcy Definition of terms (BRO,...
Debt Management. A guide to Debt Help with Debt Problems Consolidating Debt Individual Voluntary Agreement (IVA)...
 
Related Articles
  Debt Help — a Great Solution to Deal with Your Debt Problems. Debt is a major problem for a lot of people in the UK these...
Try Debt Consolidation to get Rid of the Previous Debt. Many people are in debt these days and more are going to be in...
Debt Collection. People who have taken out a loan and unable to pay back on time...

Debt News
29/12/2009 - Consumers paying card debt, say UK banks. U.K. banks reported recently that they increased lending to...
Read More
22/12/2009 - Teenagers in fear of parents' debt. Teenagers in the UK are currently a debt-fearful lot,...
Read More
15/12/2009 - U.K. housing market recovery to stall in 2010. A property firm has revealed that the U.K. housing...
Read More
09/12/2009 - Debt under the covers. It has been revealed that a shop which mistakenly...
Read More
More News >>