Old debt haunting me from my past

PinkGalore

Just got a letter out of the blue asking me to clear a debt of over £10,000 for a shortfall in the sale of a property which was sold in 1999 by my ex-husband. As my name was on the original mortgage they have tracked me down and want money from me..... Ouch ps the ex says he paid it Though he can't frind the paperwork

thefoolonthehill

who is the letter from and what does it say?

I am no expert but would suggest this debt would be statue barred?

fermi

thefoolonthehill wrote: »

who is the letter from and what does it say?

I am no expert but would suggest this debt would be statue barred?

Shortfalls on a mortgage take 12 years to become statute barred rather than 6.

Though there are other issues to consider with FOS guidelines and CML member policies on recovery.

Have a careful read through the info in the link below.

Link: Mortgage shortfalls