Response to Re: Abbey National

I'm no expert, but I think the first thing you should do is get them to prove the debt. They say you owe them 36,000, but do you know if they sold your property for a fair price, in many cases they have been undersold. I would certainly serve SARNS. Follow the good advice on the repo site.I would also take this to your local MP, I think their demands are outrageous. They deserve all the bad publicity they get. Once you get all the information together then assess the situation again.You would be then in a stronger position to negotiate too. Don't worry this won't go on forever. Also the dates are important. What was the exact date of repossession,and date of sale of property? Was a Money Order Judgement issued? You may well be very close to the end of the Limitation period, if not at the end. It is still to be decided (legally) if the Limitation period is 6 or 12 years, and whether the period runs from the date of first default on the mortgage or date of repossession/sale ,or date of MOJ if issued.If an MOJ wasn't issued they may not be able to chase you . You can get professional advice from the CAB and other organisations listed on the site. I have also heard there will be 3 appeal court cases in July re Limitation. Hope this helps and Good Luck.

Mark.

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