Debt Problems article discussion

DarkConvict

mandw23 wrote: »

Bought my house in september 2008 and now we are selling as split up but in october 2009 my ex took ot a 7000 pound bank loan and his bank statemnets are being sent to our address! Can he have secured it on our house without my permission? I am sure you can't but can someone please let me know? :mad:

Agreed with Poo.

Anyway. Mandw23 for assistance start your own topic on the forums, youll get more responses that way.
A loan can only be secured against what the named holder of the loan has, if they own 50% of the house they can secure there own on upto 50% of the house. Or so i think, if they were it would need to be done via CCJ/CO, this may place a special restriction on the house sale if approved.

jaychase

Hi guys i don't know if you can help but i have around £10.000 debt with different cards and loads Im with a debt management company that iv been using for around 1 year but my debt does not seem to be going any lower my credit score is low around 500 so very poor and my job does not pay very well. the debt came from a load for a car when i was 18 stupid. i have a new family now and really struggling so cope with the stress of the debt can anybody please please help

fermi

jaychase wrote: »

Hi guys i don't know if you can help but i have around £10.000 debt with different cards and loads Im with a debt management company that iv been using for around 1 year but my debt does not seem to be going any lower my credit score is low around 500 so very poor and my job does not pay very well. the debt came from a load for a car when i was 18 stupid. i have a new family now and really struggling so cope with the stress of the debt can anybody please please help

Hi.

It would be better if you had your own thread on the main board.

I'll copy your post into one, and post a link....

EDIT: New thread here >>> Help with my debts