Eviction due to secured loan

gerryscot

Due to my disability i am currently on oxygen waiting for a lung transplant. I have no arrears on my mortgage payments however unfortunately i am unable to pay the monthly payments on my secured loan i currently have with Black horse finance. They are aware of my severe health issue's however the only communication i receive from them is in the form of sheriff officers. I received a letter from them this morning informing me they will evict me from the property next week.

Can anyone please offer me some urgent advise!!!!

fiveyearplan

Hi gerryscot and welcome! I'm not sure what agencies work in scotland but try Citizens Advice Bureau or similar. They should be able to go through everything with you over the phone.

If you have any particular questions please feel free to ask here. There are some posters familiar with procedures in scotland. Is that the only debt you are concerned about?

gerryscot

fiveyearplan wrote: »

Hi gerryscot and welcome! I'm not sure what agencies work in scotland but try Citizens Advice Bureau or similar. They should be able to go through everything with you over the phone.

If you have any particular questions please feel free to ask here. There are some posters familiar with procedures in scotland. Is that the only debt you are concerned about?

The Lawyer from Shelter attended the Sheriff Court Yesterday and sorted things out. I amazed that they were able to deal with it so quickly and also at how supportive and helpful they were. They are an absolutely amazing organisation and do a superb job at helping people deal with desperate state of affairs .

I am currently looking into the Scottish governments mortgage to shared equity scheme, which will give me the opportunity after two years to buy back the % of equity the government take over. Hopefully I will have had my lung transplant by then and be able to commence some form of employment again.

I have a couple of credit card debts that i am currently trying to negotiate with the companies to freeze the interest and charges. (any suggestions regarding this would be most appreciated)

Thank you very much for your advice and kindness. x x

fiveyearplan

Good news for you gerryscot. Regarding negotiating with the companies to freeze interest payments there is a link on here somewhere but I'm not sure where - if you pop over to the DFW board someone there is sure to have the answer for you.

Thanks for the update and I hope your new lung arrives soon!

Keep us posted.

asbestos2008

No advice I am afraid, as a newbie to all of this, just wanted to wish you the best of luck,

gerryscot

asbestos2008 wrote: »

No advice I am afraid, as a newbie to all of this, just wanted to wish you the best of luck,

Oh you poor soul, i hope a miracle happens for you before then. What a kind thoughtful person you are to be thinking of my problems when you've got so much to deal with yourself. Thankyou very much..x x

gerryscot

fiveyearplan wrote: »

Good news for you gerryscot. Regarding negotiating with the companies to freeze interest payments there is a link on here somewhere but I'm not sure where - if you pop over to the DFW board someone there is sure to have the answer for you.

Thanks for the update and I hope your new lung arrives soon!

Keep us posted.

Sorry to be a pest but I'm very new to this what does DFW board stand for?
I promise to keep you posted re shelter progress and transplant. Thanks again for being so kind and caring. x

toxi

DFW stands for Debt Free Wannabee board - good luck!

philnicandamy

and can be found here

http://forums.moneysavingexpert.com/forumdisplay.html?f=76