Unsecured creditors can sue you in the event that you don’t spend your bills.

Unsecured creditors can sue you in the event that you don’t spend your bills.

To learn more by what to complete in the event that you don’t Pay tipsheet and seek legal advice if you are sued, see the What Creditors Can Do.

Seizing home

Creditors usually takes action to seize your premises via an enforcement that is civil with no need for the judgment if:

  • you’ve got purchased things via a time product sales contract and you’re behind or have never made any payments
  • the creditor is guaranteed with a chattel mortgage along with re re payment arrears
  • your debt is lease owed up to a landlord

Continue reading “Unsecured creditors can sue you in the event that you don’t spend your bills.”