Urgent help required

needhelp77

Pls can someone help me my story starts like this............... GE money put a payment in my account of £5000 they sent me a letter saying that they had put these funds in my accout my name was on the letter and my account number as we already have a loan with GE money I rang GE money and they said there was no accident it was ours so we kept it in the savings account for a few months then had an issue where we needed money and ended up spending it. After a month or so we received a letter saying that it was a accident and they want the money back. I wrote to them saying that we unfortunately spent it but would like to sort out repayment that wrote back saying this was fine so i rang up saying we could pay 100 per month but wanted to do it seperate from our loan because we didn't want to pay interest on it. They have now sent us a letter saying that they are going to sell our house unless we pay the full £5000 back now or add it to our original loan we have never missed a payment on our original loan and this £5000 was never an amount that was secured on our house if we do not reply within 5 days they said they'd start proceedings on selling our house can they do this? Please help we have a 15month old and we really don't want to loose our house.
Ps our original loan with GE money is secured

RAS

Hi

You need legal advice on this, but start by ringing NDL http://www.moneysavingexpert.com/loans/debt-help-plan#help

dancingfairy

Have you got anything in writing from them saying it was yours to keep?

needhelp77

the letter states our account number and name and says with reference to the above numbered account we are writing to confirm that the sum of £5,094.37 has been paid direct to your bank account detailed above.

rubydoiwannabee

Can I just ask on what basis did you think they were 'giving' it to you? Did they owe you some money?