|
|
| The independent answer to your debt problems | login join |
|
issieb
| 22-03-2008 01:29 PM |
|
Joined: 22 Mar 2008 Posts: 9 | I have written another topic on the 'you are not alone' forum. Well, can anyone give me solid advice about ideas on sequestration. I have two secured loans amounting to about 60K, other credit card debts amount to about 22K. I have kept up my mortgage and secured loans payments but have had to stop all my credit card direct debits because I don't have enough coming in to pay for it all. I have 3 kids, am on my own and have been advised to go into sequestration. According to them I WILL NOT lose my home because of the two secured loans of 60K and the house is worth 80K. Will bailiffs come and take my stuff, will I have to go to court etc. Is there another solution - a trust deed is no good as I have too much I owe. PLEASE HELP, I AM DESPERATE FOR ANY ADVICE! |
| View My SOA | |
| DW George | 23-03-2008 12:53 PM |
|
Joined: 01 May 2007 Posts: 148 My Profile | Issie I have answered your post here also for more information about what a bailiff can do see my article on The Effect of Bankruptcy |
