Natwest legal department.?

Tuscan

anyone have dealings with them?

after a few years on a dmp Natwest are no longer excepting my monthly payments of £200 on a ballence of £27000 and want £500 a month, they want me to borrow againts my property which im not happy to do and my wife isnt happy to do this and she's the joint owner, i also owe about another £40000 to other creditors who are still excepting the payments and my total cccs dmp payment is £600.

natwest are now passing me onto the legal department to take me to court and get a chargeing order on my property, its worth mentioning that we have a 16yrs old son and also a new baby due in December.

im interested in anyone thats had dealing with natwest and have been to court with a charging order claim and what the out come was. i understand they can try to get a ccj for the full amount to be payed in one go which obviously i cant do and try to force the sale of the property, i have herd judges oftern will work out a payment plan that both partys have to stick to and set the ccj on that amount rather than forcing the sale of the property due to forcing undue hardship on the other residents..

i would welcome any views and advice on this please..

regards
tuscan

Donedoingdebt

Sorry, can't help you with the legal bits, but as you're already with CCCS, keep them notified of every bit of correspondence from Nat West. They will know the best way forward for your situation as they probably deal with these events on a daily basis.

postingalwaysposting

hi tuscan, i havent dealt with natwest so i am not sure i can offer any advise but as done doing debt says, keep every piece of corospondace and also write down phone call times etc and the content. Also here is a little bump so the night crew can take a peep

squirrel_pigeon

Speak to CCCS. They will be able to advise you on the Charging Order. It's the easiest way for creditors to recover their money but doesn't mean that a judge will force a sale. It just means that when you decide to sell or remortgage, that debt will be treated as a secured loan and will be cleared. On the up side, once a creditor gets a Charge, they usually stop contacting you and just wait.