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Mib debt

Worried sick...any body had theese people after them...?can they take our house?
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Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No one can answer your question without a lot more detail, sorry
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • karenh1970
    karenh1970 Posts: 13 Forumite
    Its a compensation claim that we lost in court...we had a bill for 57k...my husband wasnt insured on my car..youngsters said he chased them and rammed them off road..which is lies..it went to court..they won...now th mib have sent bill for expenses..we dont have this money...worried they may make us sell our home..
  • ~Beanie~
    ~Beanie~ Posts: 3,043 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is there actually any equity in your home?
    :p
  • karenh1970
    karenh1970 Posts: 13 Forumite
    Yes....we owe 28k on mortgage....house worth bout 100k.
  • besswales
    besswales Posts: 31 Forumite
    my husband is paying mib now by instalments they were insistant on a set amount every month or if we needed to pay less wanted to put a charging order on the house. I'm sure someone with more knowledge will be along shortly but i understand that they cannot make you sell especially if the house is jointly owned. good luck getting it sorted.
  • moohound
    moohound Posts: 1,209 Forumite
    Debt-free and Proud!
    Is it the Motor Insurance Bureau?

    They pay out third parties for uninsured drivers.
    ISA £1675 :DMiniMoohound savings £3685.86 :T Plus £3800 CTF :)
    'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
    Poacher turned Gamekeeper
    Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
  • karenh1970
    karenh1970 Posts: 13 Forumite
    Its ruining our lives...hubby suicidal..we are both under the doctor for depression.we have two kids 12 and 15..we cant plan anything for future with this hanging over us..
  • It is motor insurance bureau...house is only on my husbands name..i am not on mortgage..
  • Omg..we could never afford that much per month...
  • Really worried now...
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