Hi Guys,
Hopefully someone can give advice on the dreaded company of all time Swift Advances and whatever other name they go by.
here in brief
1. dec 2006 got loan £25k plus brokers fee total £26,145
2. at that time i was in an IVA
3. after years of paying we wanted to pay it off and found the balance had not moved much despite paying £312 per month for 5 years
4. filed numerous complaints with FOB from about 2011 onwards and due to depression had given up
5. 2017 finally found a company that said they could help and they had a good working relationship, they go by a Debt Strategist company
6. Stopped paying swift November 2017, to date we have paid them £40,000 and they wanted £20,000 for a final settlement
7. around october 2019 swift go for and granted possession order of our home as they adding on and adding on charges, now £29,000
8. November 2019 i pull the plug on the Debt company as thyn now admit i will have to pay back the £29,000,
i now start to make payment s to swift of £512 to avoid repossession.
9. January 2020 i file a complaint with FOB for the debt management company as they have made me near £10k worse off
10. I file a complaint to with FOB of how Swift can now tag on near £10k in a short span
i have already had a barrister look over my agreement and there is nothing they can do.
after scrolling forums and the internet the only thing i can find is "meeting criteria for attaching a second charge on the house"
does anyone know what criteria is to be met,
i read once that they can attach a second charge if there was not enough equity to satisfy the loan??
can i get any of the charges back that they have added on in the last 2 years?
Do i sue the debt company for everything and just pay swift the £29k?
my feeling on the debt company is they have a duty of care to make sure things do not get worse and if this case was out of their remit they should not have taken it on,
and even at that they told me i would not have to pay these charges until a few weeks before i pulled the plug on them.
Is there anyone out there have dealt with them and actually won as they seem to be able to rob you in the street and walk away