I Need Debt Advice To Not Lose My Home

Question Jon, I defaulted on a huge loan for my business, which I was the guarantor. The loan was for £20,000 to begin developing a parcel of land and build a retail park. I had other investors who in turn each pledged £20,000, and in total the cost at our end was £160,000. I under […]

What Happens If I Let My Property Be Repossessed?

Question Jon, My partner and I bought a property to let out a few years ago, and while we have had tenants in the property, they began to fall into arrears with the rent, and eventually we had to go through the process of having them evicted. When we finally got the property back it […]

What is a County Court Judgment or CCJ and What Happens If I Have One?

One of the tools to collect a debt in the arsenal of creditor’s collection efforts is a CCJ or County Court Judgment. When a creditor decides to go to the courts and get a CCJ, in some instances, not all instances, they may have exhausted all the other efforts they may have tried. It may […]