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VERY old mortgage debt
kelloggs36
Posts: 7,712
Forumite
Long story but I had a house which was repossessed back in 1998. There was negative equity of approx 25k. In 1999 I made a full and final settlement iffer of £2.5k which was accepted. Fast forward 19 years and I have just received 2 letters: one from Halifax telling me the case has been referred to Moorcroft for recovery of the debt and another from Moorcroft telling me I owe over 18k.
Firstly, surely a full and final is exactly that? Secondly, isn't this statute barred? 19 years with no communication whatsoever.
Can somebody advise the best way forward on this?
Thankyou
Firstly, surely a full and final is exactly that? Secondly, isn't this statute barred? 19 years with no communication whatsoever.
Can somebody advise the best way forward on this?
Thankyou
0
Comments
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Have you got copies of all the paperwork to show that the F&F was accepted?0
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I was looking for it today. I have my letter but cannot find theirs. My hisband remembers it too but there is a whole binch of papers which seem to have gone missing.0
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Evidence will be key here.
You need to engage Halifax straight away too0 -
I was goi g to ask them for a copy of the filee0
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