Can I pick your brains?

GirlRacer_2

I've posted this over on the reclaim bank chanrges thread but thought I'd also post it here to see if you guys could offer me some advice.

Am in the process of reclaiming charges back from a secured loan which has been paid off. The loan was originally taken out in 1998 in joint names with my ex hubby. However, we split up in 2002 and I maintained the payments on the secured loan until it was paid up in 2003. If I reclaim the charges back will they pay me with a cheque in my sole name or will the charges be reimbursed in joint names (should I be successful)?

whatatwit

Were the loan company advised of the split, or did you just keep on paying the money?

If they were aware of it, then presumably a letter from you just to remind them that the refund is to be in your sole name wouldn't hurt.

If they were not aware, then you may have to write a letter from your ex, possibly claiming of financial difficulties and that he no longer has a bank account & for payment to go to you.
No doubt this second option is not legal, but, all's fair in love and divorce.

Crown

I should think whatever happens they will require both signatures before they make any payment. Are you still in contact and speaking terms?

I very much doubt they would make it payable to just you unfortunetly.

GirlRacer_2

They are aware that we split up, we told them back in 2001 when it happened. I continued to pay off the loan and all the charges were incurred whilst I was solely paying the account.

I've sent off the letter and stated in it that we divorced in 2001 and asked if they will make the cheque payable to me.

I'll keep my fingers crossed that it will be OK. Thanks both for your help x

whatatwit

Good luck GR.

hypno06

If you have informed them of the divorce, then I would expect that you will be ok in getting any cheque made payable just to you.

Good luck with it.

Spendaholic_Chick

whatatwit wrote: »

all's fair in love and divorce.

:rotfl: :rotfl: :rotfl: :rotfl: