Bristol and West have supplied info requested - what now!!! : LUSENET : Repossession : One Thread

Following the Bristol and West's shortfall claim for #25,000, I wrote asking for all relevant documentation regarding the sale and other costs they said they incurred. They have supplied this willingly. They have now dropped their demands to #19,500, saying that they will accept this amount on a without prejudice basis. This 19.5K appears to be the amount of difference between the price fetched for the house and the mortgage outstanding. There now seems little pont in pursuing them for further info as they have dropped these amounts from their demands. What can we get back at them with now? Still not got any spare cash or lump sums. With their most recent letter they also sent an inc/exp form? Do we still not fill this in? How to we reply now? PLEASE HELP.

-- Kate Soper (, June 22, 2000


The Question you ask is being asked by so many-The main point here is you were repossessed and you still state you have no money or capital- otherwise you would still be in your home!

So you are not we presume in a position to pay a large amount per month or indeed offer a lump sum payment-One must say in these cases how stupid they become -you lose your home for lack of money-then they come back after for the same or in many cases multiple times the debt crazy world we live in!

Think in this case as you are unsure and have no funds go and see a debt advisor at your Local Town Hall Welfare Rights or CAB

Should you not agree with the figures then you will have to go and see a solicitor This should be done before filling any forms in-This way you are not avoiding the shortfall but are looking at positive steps and then take there advice of which of the above you decide to go to.

Then at least you will be going forward

Good Luck

Charles Twford

-- charles twford (, June 22, 2000.

Agree with Charles. Obviously you don't have that kind of money or you would'nt have had your home repossessed. Probably they want anything you have to offer. But if you don't have anything, then you don't. I can never understand why the lenders act like we've all got tens of thousands stashed away - would we really have gone down the repossession route if we had? Short of winning the lottery, the problems which actually tend to precede repossession (major debt, illness, divorce etc) take more than a few years to recover from and mean that even after five, six, seven years, we still all tend to be skint. I find it particularly repellent that they are chasing people trying to raise small children (see elsewhere on this Q&A section.) Pity the media haven't got the guts to highlight it, even as a 'human interest' story rather than a financial one. Good luck. E.

-- Eleanor Scott (, July 13, 2000.

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