• Mortgage
• Motor vehicle
• Secured loans

A secured debt is one where the borrower stands to have the security repossessed if the agreed payments are not maintained.

A secured debt is one where the borrower stands to have the security repossessed if the agreed payments are not maintained.

Joint Debt

Were two or more persons jointly borrow from a lender. Both become liable for the whole of the debt, not just their portion of it.