Court Action Imminent

pure_dead_dopey

if the are determined to go to court and you have submitted a true I&E, then the court can order that you pay the money back at the rate you can afford. Absolutely no point in making an order you can't afford. I would definitely go to the court and answer any questions asked, if you haven't got the money you haven't got the money. Try not to worry, it is as informal as it can be and it should just be you and the solicitors and a couple of court officials. I would also take any evidence with you that backs up your I&E. All sounds a bit messy, have you thought about a trust deed or a DAS?

bagpipersniper

I got your pm thanks AlyBaly.

I have heard of a trust deed but I heard you may still have to sell your house at the end of the 3/4 year period?

AlyBaly

Not the case but it depends if you have equity or not. Ours had no equity so have nothing to pay at the end. You can also pay £500 at the beginning of the TD which protects any equity that may be there at the end. It is all fully explained before entering the trust deed.

We also kept our car which I know is a concern for some people