Response to Advice on making an offer

Yes, this is related to something I've been wondering about. I too thought that that part of the Limitation Act appears to deal with debt arising from mortgage arrears differently from the shortfall debt itself. I agree it looks like any portion of the debt arising from arrears should be unchaseable after 6 years. I'm not clear either on the difference between the situations set out in Part 5 and Part 7 of Section 20. Can anyone else throw any light on this? How great is the period between repossession and sale in your case? If it's very long you should ask the lender to explain why. If it's not too long, maybe you don't need to worry about which part of the Act your arrears fall under? Good luck,

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