Debt Advice – £12,000 loan

I’ve got a £12,000 loan with HSBC which I’ve been paying for the past 24 months. Following being made redundant in September last year, I was unable to keep up with the re-payments. After 6 months of unsuccessful negotiations with HSBC via the Citizens Advice Bureau, HSBC have now referred this case to their ‘in house’ debt collection agency (Metropolitan) I believe they...

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Serious debt advice needed?

I need some much needed advice, I had a fashion catalogue which I always paid but since losing my job its been hard to make the payments and they have threatened me with visits from bailliffs can anyone advise me if the are allowed to do this as I was told that they cant for this kind of debt. any help will be very appreciated. Answer In theory no they can’t, they have to take you to court...

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