n.h.loans and direct legal collections shortfall debt

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help iam being asked to pay a shortfall debt of 10,110.the house was sold in oct 93,and i was contacted in october 95,iwas unemployed at the time and they said they would not take me to court at that time.i have now recived a letter in feb 2002 from dlc threatening to take me to court for the ammount owed.i phoned and asked about the 6 year rule,but was told it diddnt apply because they contacted me in 95.they also said the mig was nothing to do with me as it was a nhl policy.what do i do now?

-- alan lloyd (lloydxr3i@hotmail.com), March 04, 2002


i have found a copy of my mortgage conditions .1988 edition.and i cant find a clause that says any shortfall would become a speciality debt.does this help me?i can e mail a copy to anybody who thinks it may help them.

-- alan lloyd (lloydxr3i@hotmail.com), March 04, 2002.

Alan, have a look at my posting in response to 'What can they charge you for?' Next - go on to the Repossession part of this site (At the left of the page) and read everything. Knowledge is power and it will help you to cope with these nasties. If you want to e-mail me privately please do so but above all remember that you are not on your own now Alan. There are lot of people who come onto this site and who have gained a lot of knowledge which they are always willing to share. Start fighting back now. Good luck, Joy.

-- Joy Harker (fightingback@harker.go-plus.net), March 05, 2002.

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