Secured second Mortgage

Residual debt consulting for mortgages | Avoidance of backlogs

Further information on dealing with mortgage backlogs can be found in our in-depth factsheet on household mortgage backlogs. The following areas are covered in this factsheet. I' m getting to a settlement with your creditor. When you can't pay for your mortgage, what can you do? If my house is less valuable than the mortgage, what happens?

Second-rate mortgage or secured credit. If my mortgage provider brings me to trial, what happens? If you are in default with making a payment to your home mortgage or a secured creditor, it is very important to try to make an agreement to repay your outstanding debt. Information on this page also apply to second mortgage.

Domestic mortgages and secured credit defaults are senior liabilities. To find out how to handle mortgage or secured credit defaults, see our four easy ways to handle your mortgage: see our four easy ways to handle your mortgage and secured credit defaults guide, 3. When you have a home mortgage or secured credit default, please feel free to get in touch with us for guidance or take a look at our Fact Sheets on Home Mortgages, which show you how to handle home mortgages and secured credit liabilities.

When you have difficulties meeting your mortgage obligations or your secured mortgage, there may be ways to get help to make the payment. There is a leaflet that will tell you what kind of help you can get with your mortgage. When you are in arrears with your home mortgage or secured mortgage or think that you might be soon, it is important to look at all these different possibilities.

Please use this leaflet to: help you understanding the different schemas and resources; help you with your application. When you are concerned that your house is in bad equities, we have a fact page that will tell you what bad equities are and how to deal with them. You can use this leaflet to find out if there is any help you can get; help you deal with your creditor.