Chased for mortgage and secured loan shortfall after repossession

[ShedAnd]

Re: Chased for mortgage and secured loan shortfall after repossession

Personally, I would only be sending the one SAR at this stage (by rec. delivery).

Ok Thanks Thats what I was thinking..

[jmmy]

Re: Chased for mortgage and secured loan shortfall after repossession

Does anyone know how things are going for ShedAnd? His situation is remarkably simular to my own... shortfall after reposesion by same mortgage lender and a secured loan total around £50,000, which is over 250% my gross annual income, bankrucpty looks like the only option but don't want to rush into it, and paradoxically if it has to be done I want to get it over with!

[ShedAnd]

Re: Chased for mortgage and secured loan shortfall after repossession

Hi Jmmy, so far I have not sent any letters to the mortgage company, they send the odd statment and I just file it, untill they start sending letters with some meaning and sting I will be keep then wondering, after all they have 11 year to enforce the debt and so I like to take my time.

Cheers ShedAnd

[Never-In-Doubt]

Re: Chased for mortgage and secured loan shortfall after repossession

Does anyone know how things are going for ShedAnd? His situation is remarkably simular to my own... shortfall after reposesion by same mortgage lender and a secured loan total around £50,000, which is over 250% my gross annual income, bankrucpty looks like the only option but don't want to rush into it, and paradoxically if it has to be done I want to get it over with!

want to elaborate..... see if we're able to assist in some way