You can't get away with this. They will check the land registry and they will know you own it. Any debt over £750 or so is bankruptable if you don't come to an arrangement to pay monthly. They can put a charge for the debt on your home too so if you sell it, they get their money first.
What you COULD do, is come to an arrangment to pay £10 or whatever you can afford a month, they will put the charge on your home, then you can try and sell your home for a price that you want to cover buying another home AND paying off your debts, eg you owe say £10,000 debt, house worth £150k say, sell ur house for £160 then you will get 150k and the finance co their 10k. If you sell for £1 to ur son, the judge will reverse this transaction in court and you will be bankrupted at that point anyway unless you can pay up every penny on court day to save your home. How much are your debts and how much is your home worth? Cant you get a job to pay off the debts?