We have a business debt which we haven't been able to pay off yet because we are paying off another debt. Can putting your house up for sale stop another bank from repossessing it?
I've been told by an advisor that by submitting a form 6 selling my house on the proviso that upon sale of the house the debt is paid out in full. Neither of the debts are house debts, they were both business debts that we are paying off.
Any opinions would be helpful. Thanks.
I've been told by an advisor that by submitting a form 6 selling my house on the proviso that upon sale of the house the debt is paid out in full. Neither of the debts are house debts, they were both business debts that we are paying off.
Any opinions would be helpful. Thanks.