Mortgage shortfall letter

MWT

grumbler said:

The link posted above says very clearly:

They must notify you that they intend to take this action within 6 years of the sale of your home. 

If this is correct, the course of action is very clear too - ignore.

You need to read the whole of that section, especially the first line...

"If the court made a money judgement at the repossession hearing the lender can take steps to enforce this. 

The lender has 12 years to start any legal action to recover the debt if the court did not make a money judgement.

They must notify you that they intend to take this action within 6 years of the sale of your home."

Very important to know if a money judgement was made at the time of the repossession order as there is no effective time limit in that case...

Keith60

Due to my ex taking every thing  including paperwork how to I find out about this as i have never had any correspondence from nram is there away to find out about any court judgment thanks for all your comments

Keith60

Please can anybody shed any light on where I can find any court judgement thank you

MWT

I would start with the County Court records or if you had a solicitor involved at the time they would still have a record of what happened.

fatbelly

If the Bozos who now own this debt had obtained a ccj (without your knowledge) they would definitely be mentioning it.

Mortgage shortfall debts are not pursued aggressively because the debtor usually has incurred a lot of other debt trying to prop up the mortgage and now are not property owners. Hence if they get agressive, the person goes bankrupt and they get back next to nothing.

If you do get anything odd from them, the place to post is the debt-free wannabe board

Keith60

Thanks all have checked high court and  county courts nothing showing on my record thanks for the advice from everyone 

Kai77

Hope it’s OK to message her to say, please make sure this isn’t a scam letter.

I’ve had the same letter to my addressed addressed to someone who doesn’t and as far as I know never has lived here (I’ve been here two years and own the house and have no arrears etc. I was coming on the forum to check whether it might be a scam letter as I don’t want to give information about my name etc to correct them before understanding who they are. 

Kai77

Here not her, sorry

claret1524

I have had the same letter - though my house was sold in 2006 with the mortgage settled, and I subsequently needed to declare myself bankrupt which included one of Northern Rock associated loans - my bankruptcy was discharged in 2008.  Can I tell them to take a long walk off a short pier??   Very disturbing that they can access my personal data 15 years later when I have moved address 5 times since!