Essentially yes. You still 'owe' them the money. Some useful points though, are 1. If you are being harassed, write to them and ask them to stop. Tell them they are jeopardising your income. They did this to me, this is the action I took, and it worked. 2. In theory lender can get an attachment order on your earnings, but the level would have to be decided by a court, who would doubtless take into account your bills etc (within reason - the yacht will have to go!). 3. I wouldn't recommend anybody choosing unemployment. If you did become unemployed the lender may back-off for a while, but they are like elephants... they don't forget. You need to deal with them. Look around the page and start the fight-back.(posted 8425 days ago)Good Luck