SKIPTON MORTGAGE SHORTFALL UPDATEgreenspun.com : LUSENET : Repossession : One Thread
went for allocation hearing,summary judgement 31stjuly.judge not very sympathetic tried every defence including 6yr time limit for interest however found financial irregularities in statements.complained to various bodies who are investigating.if i use 6yr time limit again,plus no proof of claim and some more bits idug up have i a chance of winning or should i make a small offer to settle before its too late.
-- Ian ward (firstname.lastname@example.org), July 17, 2003
Ian, I was in the same situation as you. This is only my opinion of course, but I settled for a tiny sum to ensure I didnt end up with a CCJ against me for substantially more than the settlement figure. I did all the fighting this and that but didnt want to take the chance. If you think you have a good case then no reason not to fight it, entirely upto you. But remember if you dont settle and you do get a CCJ pretty good chance you will struggle to get a mortgage in future, not scaer mongering just a fact.
-- Neil (email@example.com), July 18, 2003.