A court official, who may repossess goods or property belonging to any person or business which fails to maintain their credit payments, and who does not come to any agreement to pay with their creditors.

Baliffs can often be held off by decisive action. This may consist of simply negotiating with creditors, remortgaging, or finding some way to pay the loans or financial committments off.

Homeowners should be aware that it can be as little as 14 days for a remortgage to be completed,and if the process is in place creditors will be more patient and less pushy. They want to know you are making an effort to pay. A solution in place will go a long way to appeasing them.