Please help me anybody!!(posted 7535 days ago)I cant believe I found this site!
I took a mortgage out with my then boyfriend 13 years ago(1990)with the Woolwich. I had to leave due to domestic problems only 2 years later, and personally visited the Woolich to say that I was no longer residing there, and wished for my name to be removed from the mortgage. (20 yrs old and no clue really).
I gave my forwarding address to them, which was my parents, and I heard nothing of it until 1997, when a company acting on the Woolwich's behalf, sent me a letter out the blue asking me to pay up 34,000 plus, for the loss resulting from an auction.(payed 43,000 for it)
I was renting elsewhere at the time, and I was in no position whatsover to pay them anything, not even a fiver a week.
The company - CSI, put the matter on hold, but since then, they have hounded me for a settlement or a repayment plan for the last 6 years.
I asked them for copies of all the correspondance they sent to the property, despite the Woolwich knowing I was not living there, and I was sent a thick pile of legal papers with court orders, repossesion notices the lot. I was gob smaked!!
My so calles solicitor basically said I was liable and should pay up, but by no means was I responsable for the property being re-possessed. I had no clue my partner had left, no clue of any court judgments against me, and to be honest, i would be swimming in equity if I had known what was happening and been able to stop it.
The CSI are now asking me again to settle it, or I will be held liable for all court costs, and the COMPLETE loss, and this is all despite it being joint, with his father as a garantor. These letters have been coming nearly every month,and now I really want this all behind me, but.... why should I pay up when I did my bit and do not believe I am responsible for the repo??
I could pay up if I really wanted, but I dont see that I should!!
Please help, or am I being as niave as I was when I was 20??!!