Halifax Help Needed!

[xbox lover]

Hello all,excellent site and hoping someone can help.Back in 2001 i split from my partner and a close family member was murdered,long story short i went right off the rails on drink and drugs and did a runner from everything,my house/debts included.

I tried explaining i was suffering depression but halifax didnt want to know and after i lost my job that was it i left.

I know the house was subsequently repossesed and sold at auction and never heard anything else until now.

Ive received a letter saying i owe them £15000 shortfall.They will accept £5000 lump sum or £50 per month until £8000 is paid.

Ive read that as a member of the fso? that after 6 six years they wont pursue these debts but here they are asking for it.

What do i do next?Ive sorted my life out now but have very little money to spare and my new partner is worried sick

Can anyone help

Thanks

[thesergeant]

XBOX,

 

I would have thought that this is subject to limitation (6yrs).

 

Most importantly you need to get good advice quickly before you acknowledge anything in writing. Try you Citizens Advice Bureau. Try the Debt or Litigation section on the forums there are a lot of knowledgeable people there.

 

Once you have good advice and know where you stand, as its over 6 yrs old, I would start requesting documentary proof by Subject access Request etc, as they may no longer have any of the required documents to prove their case.

 

Good luck:-)

[WelshMam2009]

When was the house subsequently repossessed and sold ?? Was that in 2001 also? I'm just wondering that if it was later, say 2003, then they may just be in time. Also, was the house in joint names and did your partner make any payments whilst you went away?

 

If not, then I would say that it is statute barred if 6 years have passed. Doesn't stop them from trying it on though!!

[xbox lover]

Well im guessing the house was sold in 2001 my step brother told me it was sold at auction not sure how much for but when i moved to london 2002 it was defo sold then.No payments were made by me since start of 2001 and i was sole owner.Think they're just trying it on and i should ignore them?

[WelshMam2009]

Well im guessing the house was sold in 2001 my step brother told me it was sold at auction not sure how much for but when i moved to london 2002 it was defo sold then.No payments were made by me since start of 2001 and i was sole owner.Think they're just trying it on and i should ignore them?

 

If it were me, then yes! I'm not a lawyer but I'm not aware of any specific legislation relating to property that might extend the period beyond 6 years.

 

What you have to remember is that statute barred means that they can't enforce the debt in court. However, there is nothing to stop them asking you for the money!!

[xbox lover]

Thanks for all your help,im going to sit and see what happens,ill give an update if i hear anything,thanks again

[lynski3053]

Hi,

 

Don't know if auction prices show up on this site www.nethouseprices.co.uk but it tells you exactly how much somebody paid for the house, and the exact date it was purchased.

 

Might be worth a look so you know where you might stand.

 

Hope it helps.

[zootscoot]

The limitation period for mortgages is 12 years