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MORTGAGE EXPRESS

from Mike (mail@resdev.freeserve.co.uk)
Our home was repossessed in July 2000 and sold by ME, in July 2001, for some 60% of its market value. We have been in constant correspondence with ME since then and they refuse to justify (or refute) their very clear mismanagement, or to provide any documentary evidence of the debt. They are asking for £28,146. They have now handed matters over to DLA Solicitors with instructions for them to enforce the Money Judgement Order, which they obtained at the same time as they gained possession of our home. We have now received an ‘ORDER TO ATTENT COURT FOR QUESTIONING’ on the 27th August. This is to see what assets and income we have available (none as we are on Disability Benefit and Income Support). My question is “Has anyone out there been down this route with their lender?” We could do with advice from anyone who has experienced this method of lenders avoiding asking for an Income & Expenditure Form to be completed, by getting the Court to ask the questions. If we don’t answer we are in contempt of court – if we do can this be taken as an admission of liability for the unproven debt? Any advice would be very welcome.

Mike.

(posted 7927 days ago)

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