Tuesday, October 21, 2014

Bailiffs are taking a house?

Bailiffs are taking a friends house because if unpaid council tax. The owner rents out some rooms to students. If bailiffs come and take the house what happens to that persons mortgage? Will the bank demand all the remaining money? Or if the bailiffs sell the house will she get some of the money back and continue to pay the mortgage payments?
What can the owners do about their mortgage?

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