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Hey Ho ***Daily Chat Thur 26th Nov*** A month today it will be all over!!

13567…16

Comments

  • ghostmadlittlemiss
    ghostmadlittlemiss Posts: 1,788 Forumite
    bookseller1980 wrote: »
    Now I really could do this job
    http://www.valonline.org.uk/sites/www.valonline.org.uk/files/JD%20Admin.PDF

    And I know the people through guiding!
    Worth a try. :D

    Go for it, bookie. I've got a good feeling about that one.
    Kayleigh
  • cat4772
    cat4772 Posts: 2,467 Forumite
    bookseller1980 wrote: »
    Now in huge panic!
    Letter from bank re business loan

    ' since you are currently unable to offer any payments towards your outstanding liability I am regrettably left with little option but to pass my file to the bank's solicitors for further recovery action.'

    Now what do I do?

    Bookie, I don't know what the bank's solicitors CAN do except take litigous action. Have you spoken to / seen anyone from CAB? Can they give you some advice?

    the part you quoted sounds like a standard letter and realistically, they can't recover what you ain't got! Please try not to worry (too much)

    Cat.x
    DFW Nerd Club #545 Dealing With Our Debt
    :onever attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
    :othe thing about unwritten laws is that everyone has to agree to them before they can work - *louise*

    March GC £113.53 / £325
  • bookseller1980
    bookseller1980 Posts: 7,924 Forumite
    It's secured on the house Cat. I'm done for.
  • cat4772
    cat4772 Posts: 2,467 Forumite
    does that mean they can put a charging order on the house or that they'll move to repossession?
    DFW Nerd Club #545 Dealing With Our Debt
    :onever attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
    :othe thing about unwritten laws is that everyone has to agree to them before they can work - *louise*

    March GC £113.53 / £325
  • bookseller1980
    bookseller1980 Posts: 7,924 Forumite
    cat4772 wrote: »
    does that mean they can put a charging order on the house or that they'll move to repossession?

    I think so. Jujst rang them but can't stop crying. They are phoning me back.
  • beanielou
    beanielou Posts: 96,594 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Awww big huggles hun.(bookie)
    Sure sammy will be along soon.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • sallyx
    sallyx Posts: 15,815 Forumite
    Bookie have you sent them a SOA and offered them a pound token payment. They will see that you have no funds to pay them. I thought you had had a meeting with the bank manager about your loan?
    I'll make a wish, take a chance, make a change And breakaway. I'll take a risk, take a chance, make a change and breakaway ....
    Finally Debt Free...
  • ghostmadlittlemiss
    ghostmadlittlemiss Posts: 1,788 Forumite
    I could be wrong on this but I'm sure I heard elsewhere that they have to accept £1 token payments from people on JSA. Could someone check this for me?
    Kayleigh
  • cat4772
    cat4772 Posts: 2,467 Forumite
    oh hunny. I wish I could give you a hug (and tissue to wipe away the tears).
    DFW Nerd Club #545 Dealing With Our Debt
    :onever attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
    :othe thing about unwritten laws is that everyone has to agree to them before they can work - *louise*

    March GC £113.53 / £325
  • bookseller1980
    bookseller1980 Posts: 7,924 Forumite
    I have sent them all the details.
    I can't carry on living like this.
    and i shouldn't be inflicting it on you.
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