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Barclays direct Mortgages Hassling me for a shortfall

from Ian Thomson (Ian.m.Thomson@btinternet.com)
My house was repossessed in 1992 following a business failure.The home was sold for less than the mortgage value with a shortfall of £8000. The mortgage company then took 3 months to put the house on the market at placed it at a price £3,000 above the price I had been attempting to sell at for 12 months with no sale. They finally accepted a price of 37,000 8 months later. Since then they came to me for the shortfall, I was ill had a nervous breakdown due to the stress of losing the business and home. As with all my other business debts I made an offer to pay £25 per month. This was accepted and i have been paying this amount ever since. The shortfall is now £5600, the Mortgage company now say they wish to reassess my case and have asked for income/expenditure account and want to see bank statements etc. Can anyone help I have managed to pay off at least some of the debts to the staisfaction of the creditors without resorting to personal bankruptcy and now Barclay's have started it all again.
(posted 8358 days ago)

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