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Response to lenght of time lender can demand monies following repossession

from annette challis (robert@challis.fsbusiness.co.uk)
I too wanted the same question answered as in the last 11 years have been chased for "shortfall" to which I am still arguing. Having spoken to a few people in the know, I am now firmly assured that after 12 years you can no longer be legally chased for the debt. Note I write, "legally". It depends who your lender was but if you are still getting threats and intimidation after 12 years, see a solicitor as will I. I hope I have been of some help.
(posted 8723 days ago)

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