Other Debt Questions
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I need to sell my home but have a secured loan as well as mortgage what happens to the loan? |
I have a mortgage, a secured loan and an unsecured loan on my property but need to sell due to struggling with the repayments. I need to know what happens about the secured loan(2nd charge on the property) if there is not enough cash realised from the sale to pay it off ?
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Parked in Homebase Watford, got G24 Civil Traffic Enf. Notice. Is this legit & do I hv 2 pay |
I had not seen (and have still not) any notice about parking limitations and was shocked to get a G24 Ltd Civil Traffic Enforcement Notice for £95 for parking 20 mins over their 2hr limit. It says if I pay within 14 days I only have to pay £75.
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Can a bank force a sale if the property has negative equity |
My bank has obtained a charge against my property and the solicitors acting on behalf of the bank are saying that they expect to be instructed to force a sale to obtain monery owed. my propety has negative equity of about £40,000.00 and the debt owed is £36,000.00 would my bank do this ?
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I have a joint debt with my ex-husband. He's just been made redundant. |
My ex husband and I took out a joint loan to consolidate a couple of previous debts we'd incurred when buying the houseboat we used to live on together. My ex still lives on the boat now, and has been repaying the loan by himself since I left him.
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Can the bank force me to sell my house, i've defaulted on the loan? |
i have a charge on my house supporting a £200k business loan. My buiness has now been liquidated and therefore i'm unable make further payments through the business and i dont have the kind of money to personally to keep up repayments as i'm now unemployed. I now have £40k remainng to pay the bank and i have roughly £200k equity in my house. Will the bank force me to sell the house?
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joint loan, one partner signed up to a trust deed, is the other partner liable for the debt? |
i have a joint loan with an ex-partner, he signed up to a trust deed for the loan along with other debts not connected with myself. i have been chased for the whole balance of the loan because the creditors say i am liable for the debt. when i asked if i could sign up to a trust deed, i was told that two people cannot sign up to a trust deed for the same loan.
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Can a Creditor Force Sale if charge put on Property and dependants living at address |
I have a 7k credit card debt for which is now a charge on my property. The property is in my name only although the mortgage is in joint names. I have two dependents. I have been paying regular monthly payments which are within my means but they wish to review this every 6 months.
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hi,i took out 1000.00 worth of high street vouchers about 12 month ago, |
i thought i had a balance left to pay of 285.00 which it clearly states on my payment book,as all the payments have been marked of,however when going into the shop where i got the vouchers from,to pay off my balance,i have now been told that,i actually owe another 500.00 pound,as apparently when i first took out the vouchers one of the staff who was dealing with it "forgot" to add on the interest,
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Query about charge against family home |
If a creditor places a charge against your home, that creditor then goes bankrupt and they decide not to recover the charge against your property is that charge then seen as no longer valid and legally applicable?
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I have debts from many years ago. I have recently got married. My wife owns her own home |
Would my wife be liable for any of the debts. The debts were all in my name and happened before I got married.
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My mobile phone was stolen and the phone company says I am liable for the 700 pound bill. |
I discovered my mobile phone had been stolen after it had been missing for just over a week. During this time I thought the phone had been misplaced, probably left at a friends house who was then away for a couple of days and unable to check for me. Also, I was ill in hospital and unable to look for it elsewhere. As soon as I was well I retraced my steps to find the phone but to no avail.
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if my daughter uses my address as a postal address will that affect my credit rating |
My daughter is living temporarily at her boyfriends parents and wants to use my address for her postal address. She owes a bit of money and I am worried that if she fails to pay and bailiffs get involved, they will be able to seize my goods even though she isn't living there. Also would her debt affect my credit rating if she is only using my address for her mail?
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can you take over someone else's debt |
I am renting a house and my land lord wants to sell it for what he owes, is it possible for me to take over his debt
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Am I liable for Ltd company debt. |
I was a shareholder in a now officially closed Ltd company. Since it's closure an unpaid debt has arisen. There was no personal liability accepted when the loan (car finance) was taken out, but the finance company are asking me to pay. The car has long gone so they cannot take that. Where do I stand?
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If I pay the finance on a car that my Ex partner is the registered keeper on... |
If I pay the finance on a car that my Ex partner is the registered keeper on do I have the legal right to demand the car back from him?
Any help appreciated!
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How do I get out of a lease with a personal guarantee if the business is not performing? |
I am in a lease (with 5 quarters remaining) where the business is failing to cover costs. This lease is signed as an assignment to a Limited Company with my personal guarantee. My other business is a freehold building on my name. Is there any way I can shake out of the lease arrangement without affecting my other business?
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I have a secured loan on my flat which has negative equity I need to sell |
My flat has negative equity but I need to sell but I also have a secured loan on it can I sell the flat and how
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water charges for 2 houses can this happen when iv moved |
iv recently moved address and i owed arrears on the water at my last address which i was paying at a weekly amount through my bank. i informed them that i had moved house and that the arrears would still be taken from my account which i have stuck to.
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my partner his on the mortgage,we parted july last year I have kept up the mortgage been tol |
my partner his on the mortgage,we parted july last year I have kept up the mortgage been told to go bankrupt,and their is neg equity in the house very unlikly that I would lose the house she not working and I am can you tell me what to do please kevin
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My ex landlord has been putting debts into my name for my old address how can i stop this? |
I moved out of my old flat because the landlord broke in and made threats towards me and my partner. Its been to court and he lost the case he also lost his job, Now to get back at me hes been putting bills into my name and racking up a debt for like £1,765.89 thats just one debt there is about 10.
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Can I be liable for my new husbands tax debt? |
My house is in my own name and I own it outright, If I marry and my husband has tax debts from before me met, am I liable and is my home at risk? If he went bankrupt would my home be at risk?
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Default notice on credit file : I have been offeredd compenastion can I get default notice |
I have a default notice for £310 as a result of a dispute with a bank, The FOS have now adjudicated the case and have come back with an offer from the bank of £220 compensation part for incorrect records and part fro stress etc.
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I want to sell my house but have a business loan secured against it? |
I would like to sell my house but I have a £15k business loan secured against it. My business is not in any financial difficulty and I'm paying back the agreed payments on time. Would I have to pay back this loan in full once my house is sold?
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Is a fiancee liable for a fiance's debt incurred before they met? |
Fiance has a debt and ccj. Does his fiancee become jointly when they marry. The house is in her name.
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How can I avoid paying someone else's council tax debt, other than running from the council? |
I lived in a shared house and was unemployed, claiming council tax benefit. My name was on the council tax bill (this was necessary, in order to claim the council tax benefit) along with one other who lived in the house. She moved out and then I received a letter from the council saying I was being taken to court for non-payment of council tax. She had not paid the bill.
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Partner moving in with depts |
I am thinking about a new partner moving in with me and my 3 children but he has consolidate depts with his ex wife and is in dept with his morgage may even end up having his house reprocessed and owing aprox 15-25 grand on his morgage. will this mean moving in with me will give my address a bad credit history?
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if a judge forces a sale due to i cannot pay my ex 15k is he likely to do this? child involv |
I sold my house of 18yrs have a child,. to buy a plot of land with partner, i bought everything else groundworks, caravan etc. elec. he now wants his money back for the land, he ended our relationship. can only come up with 30k which leaves 15k to pay his solicitor is getting me into court to force a sale.
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i have a car balloon payent and cant afford to pay it all, they want car back, what can i do |
i have a car on finance and have been paying for four years, the balloon payment is due and they wont re finance me the money i owe and they want the car back, what can i do?
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am i liable? |
I bought 50% shares in a ltd company my parner has withdrawn considerably more funds than me.I have now learned that he was owed money from the company before I signed up which I was not made aware of at the time is he entitled to take the money even though it was before I joined up and even though I was not made aware of it when joining the company?
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my expartner will not pay towards the debts |
i was in a gay relationship with my expartner and suffered 3 yrs of domestic violence i had to leave the council home that i shared with him,this week my expartner was found guilty for domestic violence and other charges, i have debts with him such as council tax and other debts in the region of 2-3 thousand, to which the creditors are chasing me for and hassling me for, while he sits backs and m
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Husbands business problems and joint house |
business not going well but there is 4 years left on premises lease...it was signed my husband and business partner (their names not the companies).partner does not have his name on his own house...totally in his wifes name....our house is jointly owned.
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corporation tax owing |
Both my now ex-wife and I where 50% share holders in a small flooring company,we decided to go limited after speaking with our accountant,unfortunately after only a few months the marriage fell apart,the bank froze our business accountant after they heard that,as far as they where concerned,the two directors where in dispute,which rendered us helpless and as a very new company all our monies wher
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Council Tax Evasion |
Stupidly i failed to inform the council that my partner had moved in and continued to claim council tax as a single occupier. At the time i was in debt (and still am) and trying to pay off other debts. I have no received a letter saying they are reviewing single occupancy and i must declare everyone living in the household.
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Council tax arrears |
I moved into an Unfurnished new build rental property 2 years ago and didnt realise the house wasnt registered for council tax. I had council officers at my door today asking when i moved in to the property and they then said they would be in contact. I am worried as i cant afford to pay the arrears in one go, will they let me pay it up in instalments? Thanks
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My Husband and his sister are in business together, as equal directors of a limited company. |
Two things have happened : firstly their relationship has broken down and the company will be wound up.
Secondly neither have paid their income tax for awhile and my Husband tells me he will have to pay hers as well as his own as Directors there is no distinction! Is this true, I cannot believe this as the debt is rather large, surely she is responsible for her own taxes?
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Can a solicitor enforce a bill that was cleared? |
I asked for a final bill to clear my account in Nov 2010 and was sent one, which I duly paid in full. This stated it was a final bill to clear the account. In early Feb 2011 I then got a letter saying the accounts dept had made an error and I still owed them £1175! Am I obliged to pay it or do I have a case in that it was their mistake and I should not be liable for the additional amount?
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what can I do to stop a collections company from authorising the bailiffs to call. |
I have incurred parking tickets which I have not been able to pay. The situation has escalated to court action and collection of the debt by a debt collection agency. I have tried to explain that I need time to find the money to pay the debt. I managed to clear half of the debt and made an arrangement to pay the remainder when I got paid.
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I would like some advice on how to go about recovering a debt. |
Hello, I am the freeholder of a property containing 4 flats, one of which I hold the lease for. I bought the freehold recently as the previous freeholder was refusing to carry out much needed renovations to the property. I consulted extensively with all the leaseholders and presented them with estimates and got the go ahead for the work.
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do you know a debt recovery service who operate internationally |
I foolishly lent my brother-in-law £25k a couple of years ago to set up business in NZ. My wife and I are now separated and as any impending settlement she is demanding a lump sum. The brother in law is paying back the money at £450/mth but I cannot risk borrowing about £20k to pay my wife off on the strength of his word that he is going to keep paying me.
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Debtor and creditors |
I am due to receive a sum of money from a building society after an award by the financial ombudsman.
I currently have a number of creditors and wanted to know if the building society could inform them of my imminent payment of even pay the money to them.
As far as i know this building society is not linked to any of my creditors
thank you
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what happens about unpaid invoices when a ltd company is dissolved,do they still have to pay |
i ran a ltd company for a cpl of years thats recentley been dissolved. can you still be paid by the debtors
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About a flatmate evading council tax... |
I was living in a student property this year with three others (four of us). Three of us were in a contract with the letting agent, and the fourth paid us rent every month. We were originally planning on signing the four of us into a contract, but because she realised she'd have to pay council tax, the fourth person wanted to refuse.
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How can I get him to pay for debt |
My ex partner and father to my children, kicked us out of our family home in 2009. The property/mortgage and land registry is in his name, there is a declaration of trust as I put the deposit on property. and earlier that year we made improvements by putting a large conservatory on property which was financed which we both signed but agreed to come from my bank account.
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hi, family business , dad died, vat owing help???? |
my partners dad opened a family business in november in my partners name , basically my partner was just a signiture for the barclays business account and my home address was used . The business failed , my partners dad died from cancer and the business was closed in Feb2011.legally via company registra and bank closed also .
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Are the Canadian health authorities able to sue for the non-payment of a debt in the UK? |
I suffered an accident in Canada and 2 months after being admitted to hospital I have received a bill for various medical care of CAD 10,000.
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The CSA told me for 10 years that I owed them nothing. |
The CSA told me for 10 years I owed them nothing by 6 monthly statements. My child left school at 18. They then sent me a bill for over £3000, when I queried it they said it was a frozen account & was only reactivated when they were closing my case completly. Is this legal?
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Can my partners ex's default s affect us, he is still on her mortgage but not on mine ? |
We are planning to marry next year and have requested that his ex wife does a transfer of equity. This has been refused due to bad debt on her and her new husbands side.
She remarried this year and the home they live in is the home that my partner has his name on the mortgage. They also haev two children. CAn he force a sale as she has remarrried ?
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if its in everyones interest why wont lenders convert a secured loan to allow for hse sale |
We are in financial difficulties and need to sell the house and down size. Short term we are moving into rented accommodation; however, we have a secured loan on the property and the sale price will cover the mortgage and have a very small amount of equity, but no where near enough to pay off the secured loan.
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last tenent moved out 4 yr ago+is taking out new loans at our addess, does this affect us? |
Hello,
we live in a rented flat and the previous tenent moved out 4 years ago but is still managing to take out loans.
The other day my partner opened a letter, not looking at the front and found a debt collection letter for a loan taken out this year!
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i am liable for credit card debt. |
my partner has died .he bought a caravan for us to live in in his name only .. but still owes half on the credit card . bill .i havent signed anything ..am i entitled to live in the caravan or pay off whats oweing ..i was paying half towards it ..but havent got any proof of this as i was paying him back ..cash only ..please help ..
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38 a week and i earn 200 thats what csa want and i dont see my daughter |
The csa have not taken $38 a week out of my wage and now i owe them over 300 and i havent seen my daughter for 3yrs
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CAN SOMEONE USE MY ADDRESS FOR MAIL TO BE SENT THERE |
IF A FRIEND USES MY ADDRESS FOR HIS MAIL TO BE SENT TO AS A C/O ADDRESS, AND I AM CLAIMING SINGLE OCCUPUNSIE AND HOUSING BENIFIT CAN THIS AFFECT ME IN ANY WAY
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My son has accumulated debt in his name at my address. |
The debt is for his girlfriends mother. His girlfriend used his card to order goods for her mother. The debt is now in his name at my address. What will happen if her mother does not pay for these goods? Will it have any impact on my credit history? How can I get this resolved? Would it be ok if my son just changed the address on the debt account to his girlfriends address?