Global Debt Recovery Ltd

Lee46

I had a letter from Global debt recovery today, stating that they had been instructed to recovery debts from their client. No mention of the client just an account number. I believe that this company acts for Alliance and Leicester. I had a mortgage with them 20 years ago which I then lost my house. I have had no correspondences for well over 16 years. Please can someone advise as I think this has passed the statute of limitations. If so what do I need to do to get rid of them. Many thanks

fermi

You need to know what they are after, so it could be worth making them show their hand via.

---> Letter when you know nothing about about the debt - AKA "Prove it" letter

The legal position on Limitation for mortgage shortfalls is explained in detail in this link.

---> http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=11_mortgage_shortfalls#chapter2

HMB1981

Sorry, I know this is an ancient post, but I feel the need to reply.

Global Debt Recovery in my experience are complete chancers, they have a track record of buying unrecoverable debt for peanuts, then trying to scare people into paying with form letters and phone calls from young blokes in an office.

They've been chasing a debt of mine from nearly 20 years ago. They'll send a few form letters which gradually get more threatening (even using a fake solicitor), make a few phone calls, then when they get no response they'll go quiet for a while, then re-start the form letters.

Best thing is when they mix up the letters and you get one demanding full payment and another saying they'll accept a lower payment all in the same week.