Response to Shortfall Letters Ignored

That they are threatening court action and interest on the debt is absolutely common. Normal practice. Pretty much everyone who receives these letters has the same threats made against them.

Ask yourself if it has put pressure on you. It should have - that's what they are trying to do.

Your next moves should be to:

a) serve a DPA SARN on the lender (who is the lender by the way?)

b) while that SARN is in the post, read the Repossession section completely. There's a lot of information in it so just read it through and get a feel for how lenders' think. Give yourself some time (you do have time even though the lender is threatening you) to let it sink in.

c) congratulate yourself that the repossessed property details are visibly wrong. Sounds like the lender's records are not so orderly. Great! That means they are going to have a time suing you, though they probably haven't realised it yet.

Lee

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