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inherited house and in dedt,,,question?


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could you good people qive views on what may in time become likely senario.

now no assets at all,,making token £1. payments,,,

if inherit house,,i become asset rich but still cash poor,,,but my own place to live,

how would this in your opinion afect dealings with collectors if they knew i had saleable asset,

a...would they try force me to sell home to pay...

b..would they still offer f/f if could find funds,,,

 

c...or simply try to bankcrup me to sell my home n pay em:evil::evil:

d..just keep on token payments as still id have no more cash even though id have home...

thks you good folk in antisipation

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doubt it not done it with me

 

just keep quiet

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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a..they would have to put a charging order on to do that but would only be they get there money should you sell at a later point

 

b more than likely but they may sell on the discount to another DCA

 

c debt collectors have no powers at all

 

d possibly SAR to see how much is fees PPI that you can claim back if any

If i have helped in any way hit my star.

any advice given is based on experience and learnt from this site :-)

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reclaim first before any F&F

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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