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Debt what should I do?

Discussion in 'Payment Processing' started by alex.mercado, Aug 8, 2019.

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  1. #1
    Hi,

    Can I lose my home if I can't afford to pay my debt on Moorcroft? What will I do?

    Please help me...
     
    alex.mercado, Aug 8, 2019 IP
  2. sarahk

    sarahk iTamer Staff

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    #2
    upload_2019-8-10_8-40-52.png

    I imagine you could. No manufacturer likes being ripped off.

    Or is it these guys?

    upload_2019-8-10_8-43-17.png

    The answer is definitely yes.
     
    sarahk, Aug 9, 2019 IP
  3. Spoiltdiva

    Spoiltdiva Acclaimed Member

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    #3
    I have some experience with British seizure laws and they cannot seize your home nor are they allowed to even threaten you with that. What they can do however is to ruin your credit rating. I suggest strongly that you phone this number: 0800-368-8133. Good luck to you with all and try your best to keep the stress level down.
     
    Spoiltdiva, Aug 9, 2019 IP
  4. traceyjedison

    traceyjedison Peon

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    #4
    Unsecured debts are not secured against an asset, but if you fall seriously behind with your payments, Moorcroft can apply to the court to secure your loan against your home. So do not ignore that, you have to do something
     
    traceyjedison, Aug 15, 2019 IP
  5. alex.mercado

    alex.mercado Greenhorn

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    #5
    Thank you @Tracey you seem to know a lot. Have you experienced it too?
     
    alex.mercado, Aug 15, 2019 IP
  6. traceyjedison

    traceyjedison Peon

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    #6
    Yes under Moorcroft but still mild. Now it's ok. This what I found via google scottishtrustdeed.co.uk

    I hope to resolve your issue with your debt.

    thanks and good day
     
    Last edited: Aug 16, 2019
    traceyjedison, Aug 15, 2019 IP