If Money Partners are the actual owners of the deed, shouldn't it actually be them doing the reposession and not Oakwood? Or at least there should be some sort of information to state that Oakwood are acting on behalf of Money Partners... Also a copy of a copy does not prove that Oakwood or Money Partners actually have the original document. Don't they have to prove this in court? Unfortunately in the court documents I haven't been able to enter a defence as you have stated due to the fact that the witness statement arrived well after the court documents were received and sent back. They also didn't have any figures within the original court documents... We have got our court appointment tomorrow afternoon, so if anyone can give us any information as what to do now it would be much appriecated... Thanks

We've had another letter from Wragg&co (solicitors) today. Giving us the witness statements. Also telling us its not too late to stop the repossession and to contact oakwood to give them a proposal. The letter is a complete piece of c**p!!! "Please complete the attached income and expenditure form" - What form, there isn't one attached... On the witness statement the figure we borrowed is correct, but the outstanding balance is completely wrong its actually £85k less that the mortgage (we're on an interest only mortgage, so it should be the same as the figure we borrowed). The monthly installment is completely wrong as well. Again its about half of what our current monthly payments should be... Then there's the arrears, well this is also incorrect by the tune of several thousand pounds... In the last point of the statement it points out that we haven't provided them with the reasons for the arrears or of our financial circumstances (This really made my blood boil as we've told them from day one what the situation is and how much is coming into the household). It then goes on to say that telephone contact has been made with debt councillor engaged (the bloke turned up at the house, went through a couple of things with me and just said there isn't much I can do with you being out of work, then left). We've maintained contact with Oakwood all year, once or twice a month to be precise and we have all the times we called logged on our phone bills... A copy of the mortgage deed has been enclosed, its a copy of a copy. Oakwood don't even own the deed, it's owned by a company called 'Money Partners' I'm sorry for the long winded-ness of the post, but is there anything that we can take into court from all this to help us out at all?

Sorry, what are you confused about?

So basically I can't really do anything other than put in a complaint to the FSO regarding the PPI and hope that this covers it all...

Aren't financial institutions supposed to try to seek payment options before taking legal action?

I would have to contact them to find out if they have a copy of the agreement. The PPI would probably cover however much it was that Link paid GE and some...

Sorry I don't understand the terms you are on about... The only thing we disagree with is the fact that the loan was sold on without our knowledge to Link, then the way that they went about their business.They refused to try and sort out any type of payment plan...Just demanding the full amount. I don't know if I have any claim against GE regarding PPI though as I never even knew we'd signed up for it... It only covered us for half the term of the loan as well...

Yes I always make copies of any documents I have to fill and and send somewhere... On the back of the court form it states... "Complete the admission form (N9A) and send it direct to the claimant (see address on the front of the form to which documents are to be sent). Do not send a copy to the court. Entering an admission may result in judgement being entered against you." We sent this form to Link as we do owe the money... We just wanted to get a payment plan sorted out...

We had a letter from Northampton court about a fortnight ago stating that it's now been moved to a court in Wales...

I sent the forms back to link as that is where the form said to sent it back to "the claimant". If it had said send it back to the courts, I would have done...

No, they haven't we have to go to court for the first time on 30th Oct...At the moment we're trying to get them to agree to us going on the HMS scheme, so that we can continue to pay at the current rate until our deal runs out...

Hi,I have had nearly exactly the same dealings with Link. I had a GE money loan sold to Link, without any notification from GE Money... Link have taken us to court and won (I send forms back to Link, they stated they never received them). They were always rude and abrupt to me whenever I called them. They wouldn't try to sort out a payment plan,they wanted payment in full asap. They are demanding that they have theamount added to our house... Can anyone give me any info on anything that I can do at all???

Hi, can anyone help us with this issue... We had a loan for windows & doors with GE Money... I've been out of work for nearly a year now and we ended up not making some of the payments. In July this year we had a letter from Link Financial saying that the debt had now been sold to them and they wanted immiediate payment in full... We were gob-smacked!!! We'd had no contact from GE money stating that this was the case. Surely they should have contacted us to inform us of this... I contacted Link to try and arrange a payment schedule. They refused point blank and demanded the full amount, otherwise legal action would be started. They were incredibly rude and obnoxious on the phone. I informed them that I was out of work and that was the reason why GE money hadn't been paid. Again they refused and that was that. I checked all the details of the GE loan and also found out that I had PPI on it (which for some reason finished this year, even though the loan still runs on after). I contacted the insurance company regarding this and get a form sent out to me. I then contacted Link again and informed them that I actually had insurance on the loan, they weren't bothered about that and still insisted that the amount was paid in full... Within two weeks of this (start of Aug) we were served with court proceedings against us. I filled in the forms and posted them off to Link. Next we had a letter a few weeks later from the court saying that judgement had gone against us. I contacted the courts who said that no defence had been filed. I told them that I had sent the proposal form back to Link, but they had said that they hadn't had them. The courts then sent us out a form to fill in and send back. The only problem is that this would cost us £35 (we hadn't got the money to spare on this). At the moment Link are trying to get the amount added to our house... I think that Link have acted irresponsiblyon this as they were supposed to try and sort out a payment schedule first, before taking action... Is there anyway of getting this back into court to defend this as I don't believe they have acted within the law.

Hi, I need some urgent info regarding my problem... We've got a mortgage out with Oakwood and they have started posession proceedings against us. I've had my own company for a number of years, but in Oct last year my work dried up. This year I've had to let the IR force a liquidation on it as I've had no work at all and I needed help. At the start of this year I contacted Oakwood and we agreed that we would pay only a 1/3 of the normal payments. We've kept up these payments all year even though I'm still out of work. We've also been in constant contact with them. In August I contacted them as usual to pay the monthly payment and also asked about reposession as we were getting a bit worried regarding this as the letters they kept sending out showed that we were nearly £11k behind now. We've now been served with the posession order and we wanted to try and sort something out. The thing that really gets us is the fact that our mortgage deal runs out in Feb and we'd end up paying around exactly what we are doing at the moment... We also had a letter from them in Nov last year offering us a deal, where if we were to move the mortgage they would offer us a discount where they'd knock nearly £30k off the price of the mortgage owed and also not charge us for leaving the deal (nearly another £10k)... Is there any help on offer out there regarding this at all?

We're around £11k behind, our normal payments are around £1200, but we've only been able to pay £400 a month. With my own company going to the wall, we've lost over £3000 a month in my own wages. I am in monthly contact with them as we are paying each month by debit card (don't want DD fee's applying, and they agreed to this). They know the full situation, and they've always been kept upto datewith any changes...