We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
CCJ letter from Northern Rock... what do I do???
Louise4793
Posts: 29 Forumite
Hi. I received a letter from Northern Rock (my mortgage provider) on Friday to say that I had arrears on the loan part of my mortgage (mortgage of £56k and just over £10k loan) and that my file has been passed to solicitors for CCJ. They said that I had 14 days to pay the £10k outstanding. I cant pay that in that time so I rang them. I was told by the them that the likely situaiton was that it would be decided at Court that the loan would be transferred to the mortgage and that I would have to repay from there.
I lost my job in March of last year, and missed 4 payments of the mortgage went temping for a while but now have a perm job. I have tried to reason with them during this time but they were really unhelpful hence the situation i am now in. I have told them that from Feb I can start to pay £400 a month to start decreasng the arrears (i currently pay £303 a month mortgage) and they were happy with that and are putting something into writing to me to confirm this.
however the real problem is this CCj. will they transfer the debt or will it get messy? has anyone else been through similar and are Northern Rock right and the debt will just be transferred?
thanks for your help in advance!
I lost my job in March of last year, and missed 4 payments of the mortgage went temping for a while but now have a perm job. I have tried to reason with them during this time but they were really unhelpful hence the situation i am now in. I have told them that from Feb I can start to pay £400 a month to start decreasng the arrears (i currently pay £303 a month mortgage) and they were happy with that and are putting something into writing to me to confirm this.
however the real problem is this CCj. will they transfer the debt or will it get messy? has anyone else been through similar and are Northern Rock right and the debt will just be transferred?
thanks for your help in advance!
Dealing with debt by selling property: Mortgage- £55k, Loan on top of mortgage (northern rock goddamnit!) £10,800, Alliance and Leicester loan- £1,800, Cahoot loan- £1,300, Aim to be house-less and debt free by December 2008! Wish me luck!
0
Comments
-
No idea but a bump for u.Debt free and plan on staying that way!!!!0
-
I'm not sure but I think if you show effort to pay the court can decline a CCJLooking for solutions and hoping for a miracle!0
-
just bumping to wait for someone who knows what they are talking about to come along!LBM-2003ish
Owed £61k and £60ish mortgage
2010 owe £00.00 and £20K mortgage:D
2011 £9000 mortgage0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards