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mortgage
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siobhan28_2
Posts: 1 Newbie
hi
i have a mortgage and then another loan which i thought was secured against my home of £30000 but when i read the agreement it states mortgage is this a second mortgage or just a secured loan against my home. also if this agreement was unenforcable could i stop making payments and i would not loss my home
i have a mortgage and then another loan which i thought was secured against my home of £30000 but when i read the agreement it states mortgage is this a second mortgage or just a secured loan against my home. also if this agreement was unenforcable could i stop making payments and i would not loss my home
0
Comments
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Why on earth would it be 'unenforceable?
!!!!!! these forums are fast becoming a total farce0 -
Second mortgage charge holder on a property could enforce recovery of the debt. Though the 1st charge holder would be settled first on sale of the property.
No likelihood that recovery of the debt is unenforceable. This is the whole point of a legal contract.
If you have money issues. Pay a visit to the Debt Free Wannabe board for support and advice.0
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