Are you struggling to pay a loan?

This guide provides general information about:

• what can happen if you don't pay your loan
• the options available to you if you can't meet the current loan/lease payments
• how to negotiate a change to your loan or lease
• the procedure you will go through to change your loan if you go to court.

It also provides sample letters that you can follow when you need to put something in writing.

View online:

• How can this guide help me?
• When should I use this guide?
• What can happen if I don't pay my loan?
• What can I do if my payments are overdue?
• How do I change the terms of my loan?
• Am I eligible to go to court?
• How do I apply to the court?
• Going to court
• Sample documents and forms
• The Mortgage and Finance Association code of practice
• Bankruptcy Regulations 1996
• Legal words and phrases explained
• Useful contacts

Download:

• Are you struggling to pay a loan? (PDF - 670 KB)