HALIFAX TO STOP CHASING SHORTFALL MORE THAN 6 YEARS OLDgreenspun.com : LUSENET : Repossession : One Thread
Can anyone confirm if the the news item on BBC Business Lunch today that the Halifax want be chasing anyone for shortfalls that is more than 6 years old .. Will this help anyone with shortfalls with others lenders dating back to 1991 ?
This will be the best christmas present for all ex Halifax Customers who were repossesed in 1990-91
-- Ash Soni (firstname.lastname@example.org), December 15, 1999
It is true.
It will also lobby the Council of Mortgage Lenders to encourage its members to adopt the same policy.
In the face of a hostile Government, one imagines that the others will capitulate.
For more details, visit the Halifax's web-site at: http://www.halifaxplc.com/press/index.html
-- Lee (email@example.com), December 15, 1999.