Response to Nationwide chasing again after 'nearly' six years

Eleanor,

Thanks for you input.

Letter was sent from their Recoveries & Lending Control Unit in Norhampton.

Dated 24 January 2001 wording was

''Failure to contact me wwithin 48 hrs will result in the Society taking any action it cnsiders appropriate to recover the full balance.

This may include legal procedings for your personal bankruptcy, which will render you liable for litigation costs incurred plus interest accrued on the debt of £31,870.13 at 'Standard Variable Rate from the date of sale. This action will be taken without any further reference to you.''

Following sites advice I have now sent SRA to Nationwide Head Ofice at Swindon and advised Morthampton of my action.

The point about 'interest' on the debt is interesting (sic). I have no idea when the date of sale was - I handed keys back in Jan / Feb '95. Presume this means the 'real' debt could be much larger. Without interest added I beleive they must have 'given' the flat away some time during 95/96.

Also interesting, again reading the site, is that my original arrears date back to early 1990 - it did take them nearly 5 years to decide they wanted to reposses with me only making sporadic payments to the mortgage account when able to during that period - is this undue delay and therefore negligence?

Thanks again.

Regards

Guy

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