G e money

paddyrg

The cost of losing the property will be higher than what you need to find to pay what's owed and all fees - basically the house would go under auction, removal costs, everyone along the way will take fees, and you get what's left over (if anything). Really rubbish deal.

Sounds like no matter what else, you need to avoid that - as you'd have to pack your stuff soon for the move, can you just sell almost everything and get it settled?

Nunnie1977

Yes I know it is all legal what they have done as judge said yesterday , I will never take a loan out again with any lender it's a complete no brainer as no one knows what further holds

TBeckett100

I presume you can find the 3k you need to keep your home?

Nunnie1977

It will be a case of begging and borrowing from family in next few days

TBeckett100

Well 3k isn't much, so you should be fine!

Nunnie1977

Can only hope ,this has cause major upset in whole family worrying , it's the sort of story I thought I only read other people having never dreamed it be me .

James_B.

Hopefully you'll be able to look back on this one day knowing that you managed to get through it, but for now, step away from the Internet, and start finding the money.

Thrugelmir

Nunnie1977 wrote: »

Can only hope ,this has cause major upset in whole family worrying , it's the sort of story I thought I only read other people having never dreamed it be me .

Borrowing money secured against personal assets to start or fund a business is always a risk. Over the years I've met many people. Who have learnt from such a similar or even worse experience and go on to create very financially sound businesses. As the flip side of risk is reward. There's no disgrace in trying.

Nunnie1977

Just made last payment now, and account is closed thank god I ain't got to have any more dealing with this horrible company

CHR15

Great news.
How did you muster the money together?