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| The independent answer to your debt problems | login join |
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Londonboy
| 27-11-2011 07:55 PM |
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Joined: 12 Sep 2010 Posts: 6 | Hi, Im in a lot of debt and the loan companied chasing me, i have a mortgage that was guaranteed by my mother, can she put a charge on my house so that the equity protected? before the loan company does! THANK YOU IN ADVANCE |
| DW George | 30-11-2011 03:21 PM |
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Joined: 01 May 2007 Posts: 1037 My Profile | If your mother is guarantor then you don't owe her anything. So how can she put a charge on your house? Your mother is basically there to ensure that if the house is sold and there is a shortfall then she'll be liable for the shortfall. |
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Peter01
| 08-12-2011 06:54 AM |
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Joined: 05 Nov 2011 Posts: 4 | You must look for ways to pay it off early and theres no need to escape from them. |
