HALIFAX TO STOP CHASING SHORTFALL MORE THAN 6 YEARS OLDgreenspun.com : LUSENET : Repossession : One Thread |
Can anyone confirm if the the news item on BBC Business Lunch today that the Halifax want be chasing anyone for shortfalls that is more than 6 years old .. Will this help anyone with shortfalls with others lenders dating back to 1991 ?This will be the best christmas present for all ex Halifax Customers who were repossesed in 1990-91
Ash Soni
-- Ash Soni (ashsoni@aol.com), December 15, 1999
It is true.It will also lobby the Council of Mortgage Lenders to encourage its members to adopt the same policy.
In the face of a hostile Government, one imagines that the others will capitulate.
For more details, visit the Halifax's web-site at: http://www.halifaxplc.com/press/index.html
Lee
-- Lee (repossession@bigfoot.com), December 15, 1999.