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Force a Mortgage Lender to provide information?
FrankProp
Posts: 14 Forumite
Hello
Is there a legal letter that will request a Mortgage Lender to state a final total figure of what they want to clear a debt?
There are two properties left to get the mortgage shortfalls for. One has been in receivership for 16 months and the other for sale for 9 mths.
I cannot yet apply for bankruptcy ( there are 4 existing mortgage shortfalls and bank loan and our own house ) until I have the final, total, figure of all the houses.
Is there a legal form of letter that I can send that requires the remaining two lenders to tell me a final debt figure?
Thank you. regards Frank
Is there a legal letter that will request a Mortgage Lender to state a final total figure of what they want to clear a debt?
There are two properties left to get the mortgage shortfalls for. One has been in receivership for 16 months and the other for sale for 9 mths.
I cannot yet apply for bankruptcy ( there are 4 existing mortgage shortfalls and bank loan and our own house ) until I have the final, total, figure of all the houses.
Is there a legal form of letter that I can send that requires the remaining two lenders to tell me a final debt figure?
Thank you. regards Frank
0
Comments
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Moved to mortgage board.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Final debt figure is a movable beast. That will change until a property is sold and the deficit crystallised.0
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Can't you just ask for redemption figure for some date in the future?0
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