My debt is secured on the house. Can the bank force the sale of the house ?

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Pate.52

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Post by Pate.52 » Mon Sep 01, 2014 3:48 pm
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My debt is secured on the house. Can the bank force the sale of the house if it is not paid back in full
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Michael Peoples

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Post by Michael Peoples » Mon Sep 01, 2014 4:37 pm
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Any secured creditor can seek possession of a property if their debt is not repaid. However judges are loathe to grant orders if there is a reasonable repayment plan in place.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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