It's just a rant really.
Dh lost all of his overtime a while back due to cuts at work, we really started to struggle and was getting deeper and deeper in debt, our only option was to go bankrupt. Which happened last aug.
We are in the middle of a mortgage rescue scheme, basically the 2nd charge on our house are being a pita, there will be a little short fall, not much about 10%. They want to go for repossession on our house beacause they won't get all of the money we owe, this has been going on since oct last year when the mrs made an offer to them, our mortgage company accepted their offer straight away.
What I don't understand is if the house gets repossessed the 2nd charge won't get a penny because the house will sell for much less at acution. Plus all the court charges etc.
Aibu to want to knock some sense into these people, don't they understand they will get most of their money if they take our offer.
Thankfully the judge dealing with our case seems to be on our side and keeps ajourning the case to hopefully make the 2nd charge realize they won't get a penny if they go for repossession.
Sorry this is long but it's been going on for months now, dh and I are so stressed, it's affecting our marriage now. We have young dcs to think about aswell, we just want to know if were going to lose our home or not.