I've buckled under pressure!

Hi everyone! I received a claim form on the 7th January pursuing monies from a reprossession. I really did not want to go to court so I offered them a settlement of £1000 immediately and a further £9,000 to be paid within 3 months.This offer has been accepted, however I do not have this money and do not think I will be able to raise this amount within the specified time.

Question 1; If I do manage to raise the amount, what must I do to make sure the Halifax can't come after me for more?

Question 2;If I can't get the money I assume they will apply to the courts again for a judgement. Once I receive the claim form what is the best way to delay the procedure to allow me to gather information to help my cause

Question 3; I believe I have a good case to prove the 6 year ruling as well as negligence. I bought the house for 169k and they sold it for 50k over a year after it was repossessd. Can anyone guide me?

Thanks in anticipation

Neil

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