The property I co-owned with my ex-husband was reposessed in Dec '98 giving a shortfall of £12,196.74. Unknowing of such sites I thought co-operation was the best policy and completed an I&E form which showed a negative income at the end of each month.I made a repayment offer in 3/99 of £5 per month which was never remarked upon.A full and final settlement figure of £650 made in 6/00 was also rejected. In 2/01 they traced me to a new address and have pursued me with renewed vigour.Again I (now know wrongly)completed another I&E form (and provided some documentary evidence)showing a negative balance of £210 per month calculated on my basic salary.They have also refused settlement of £800 and had requested £20 per month.After disagreement on certain expenditures they have reassesed and now believe I am not disclosing some source of income - I do earn good overtime but am reluctant to give access to this. Now reading this sites information and having received another 14 day threat I realise I have dealt with this situation in completely the wrong way and do not know where to turn from here .... Is it too late to start demanding full account breakdowns ? I believe the house was undervalued,charges applied were too steep,endowment already used to repay some of the shortfall etc etc(posted 8312 days ago)Any suggestions gratefully received.
Sam