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Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return.
Its bad news I am afraid. If they get what is the same as a County Court Judgment here in Cyprus then can apply to enforce it in the UK because of what is called the Brussels Regulation and the Lugano Convention and The Administration of Justice Act 1920
They could, if they wished apply to apply for a charge on this debt to your house and secure if.
If you then failed to meet payments as in accordance to any Court order, they could apply for an Order to sell your house here.
I would therefore suggest that you reach some sort of repayment plan with them to avoid any action here in the UK and in the absence of any agreement they could get Judgment, charge your property and in the extreme enforce it.
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We are paying 400 pounds a month .And if I put my house in company name and iam a tenant what can they do than