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Please help, so very scared

chloe1 · 2011-10-26 13:43:11

Hi I am worried sick and wanted some help from you if possible. I had a debt that has been with 1st Credit since 2009. I have been paying towards this debt but have been ill and had some problems some months paying - there has been 11 arrangements on the account or payments missed in that time. However, I have managed to…

Comments

RAS Posts: 36,156 Forumite

27 October 2011 at 1:13PM

chloe

There is a good chance that they will try for a CCJ and to put a charge on your house; but that does not matter.

The charge only last until such time as you have paid off the debt (think of it as an enforced second mortgage). And they only get to get anything outstanding when you sell the house.

If you've have not made a mistake, you've made nothing

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