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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by sclement[/i] [br]I have a business that is looking like it is possibly going to fail. Believe me the last thing I want to happen is this but I would like to know what my options are. My current mortgage is £162,000 outstanding. I have a £70,000 secured loan (even though the value of my house is now £195000) I also have around £12,000 owing to creditors from the business with another £7,000 personal debts (credit cards etc)My assests are around £5000 of work tools and another £5000 in stock. Two vehicles worth about £1500. I do have a full time job as well and earn aprox £28000 per year although with the business losses (all confirmed by an accountant) shown a family income of around £8000pa. What are my options? an I likely to lose my home? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.