Hello,

back at the end of 2008 I could no longer afford the mortgage on my french and spanish properties, I spoke to the bank but they did not want to help, I ended up handing the keys to both banks.

In March 2010 I had a few emails from the french bank asking if the local agent could market the house as they had a buyer,

this was all agreed and I didn't hear anything till January 2013 when a uk debt company asked me for full payment.

They sent me a full breakdown of costs and they had added 40000 euros in interest late payment fees, court costs etc.

I told them I didn't have the money or the assets to pay and that they should refer it back to the bank as they were irresponsible lending me the money when I hadn't sold the spanish property,

Forward to Jan 2014 the same uk debt company start chasing again, but I gave them the same answer as above.

Today nearly 3 years later they have sent me a letter to my home address stating they want full payment in 7 days or they will recover the money.

I never knew that they had opened proceedings against me,

but I was made aware that the french start repossession after 90 day, but the bank and the uk debt company are saying the house is still in my name.

They also sent me a contract to sign saying the house could be sold for €40,000 when I translated the document the house could have sold for €90,000 ????? they said it was a clerical error.

Original debt €117,000 Euros.

Total to date is €180,000 Euros .

Any advice would be very welcome.

somethings not reading right here.

I doubt anyone got a UK CCJ against you.

and the shortfall was over 6yrs old anyway dso SB'd under our laws.

this is not reading right me thinks someone id trying to spoof you out o money here

name the DCA please

Thank you for the quick response DX100UK

I have not made any payments since the end of 2008 and last corresponded with the bank in May 2010

- Then last emailed UK DCA in Feb 2014

I do agree with you that they are chancing their arm,

but wasn't sure how French law would apply over here,

someone said they can chase you for the full term of the mortgage???

The DCA is credit limits international

load of cobbreres

a DCA is not a bailiff

and they have no legal powers whatsoever

all they are trying to do is line their pockets with anything they can fleece from you.

if you read their letters properly

you'll see they don't say will anywhere

but use clever wording to make you think they are superman or something

when in all reality they have no more legal powers than you or I..

scan the stuff up to pdf if you like

lets have a laugh..

dx

http://www.creditlimitsinternational.com/

powerless no win no fee ambulance chasers

can be totally ignored.

dx

Todays letter, should i respond with an email to them, as I don't want any door knockers coming

YOKER1.pdf

A French mortgage debt can be subject to a UK court claim. UK statute of limitations for mortgage debts is 12 years from the date the debt was realised, which might be when the house was sold. Don't know what French limitation period is for property debts.

But it won't be a DCA that takes such action. The French creditor, if they were definitely going to issue a UK court claim would get a UK Solicitors to write to you.

Ignore this DCA writing to you.

If you have property debts in France and Spain due to a defaulted mortgage, if you wanted information about what is happening, you should contact the mortgage company directly. If you have no other assets and limited income, then you should enquire about bankruptcy or whatever the process is in France. Given that the limitations period is for many years, most people don't want large debts hanging around and being threatened over years by debt collectors.

Thank you for the info guys, is there a standard reply I can send so they stop all contact

what a crap letter.

you can totally ignore them!!

whats this about a no powers doorstepper?

where has this come from?

dx

I presumed they would try and send a collector if I ignore their letter

You don't want to send any response to the letter, as that will just encourage them to write to you again.

They won't send anyone that has any power. Some DCA's send a enquiry agent just to see who lives at the address and if so why they are not responding. If you are ever visited, never confirm any details. I doubt it will ever happen.

For peice of mind can I tell them not to bother me?

you start letter tennis

[but I suspect you already have?]

they'll never go away

as they think one more threat-o-gram might make you cave in.

as for doorsteppers..

I think you've been watching too much don't pay tv progs.

just remember

a DCA is NOT A BAILIFF

if you do get any dirty mac brigade at your door

then you call the police 101.

the only way to rig yourself of them is to totally ignore them!

dx

For peice of mind can I tell them not to bother me?

There is no point. They will ignore you. As soon as you attempt this, it will just encourage them. Don't put cheese out for mice.

Thanks guys,

I can honestly say that I haven't made contact with them regarding this letter today, I will take your advice and not make further contact,

The next attachment is the summary from the bank from 2010, they sent this via the DCA in 2013.

Point number 8 was the one that worried me as it translates to 'cost of proceeding'

This made me think that they had tried to go legal back in 2010 but my credit report is clean.

My wife has gone to bits over this and I don't know how to resolve it,

Cheers

YOKER2.pdf

If you had UK assets to go after, they would have already gone to UK Solicitors and gone to court by now.

Quite often with large mortgage debts, the mortgage companies don't think they will make any recovery.

If you have just lost property due to financial problems, it is very unlikely you will have money available to pay debts.

The mortgage companies have a type of contingency insurance anyway, so any debt chasing can be pretty half hearted.

If these properties have been sold at a big loss, i would have expected the mortgage company to have written to you with more details.

In France, i thought there was some process for registering such debts officially.

You would then have a decision to make, as to whether you file for insolvency in France.

In the unlikely event that you were ever subject to court action, then you will be served with court documents and you can obtain advice.

Back in 2010,

they tried to serve something to me but I was working away,

this was at my parents address,

but nothing relating to the mortgage has ever been registered on my credit file,

If I did have any assets in the U.K. but they were not registered to me but my wife, would this give cause to chase, also I have two young children

Your wifes assets could not be touched, unless she was on the French mortgage.

Being that we are now nearly in 2017,

i suspect that the mortgage company have given up and it has just gone to gutter debt collectors chancing their arm.

Does not seem like a DCA that would ever go beyond a few letters.

My wife was on the mortgage but had no declared income,

Let's see what the new year brings,

I'll keep you updated.

Thank you for your advice

Its all been toothless willy waving

The most important thing with any dca is in post 4

Get your wife to read it

Then tell her read it again

Never ever entertain a dca

Even more so on foreign debts

Thank you guys

UPDATE 20.12.2016

Good evening guys, I took your advice and didn't respond to the DCA on Monday, today I received an email on one of my old accounts from the DCA.

It wasn't a scanned letter just a typed email, not even an invoice, again I have no intention of responding.

FINAL REMINDER

Creditor:

CLI reference:

Debt Amount: £ 158758.33 € 180762.23 (contractual)

Interest: £ 417.56

Compensation: £ 36.00

Collection Costs: £ 0.00

VAT on Costs: £ 0.00

Balance due: £ 159211.89

We refer to our prior requests for payment and note that we have not heard from you.

Please pay immediately, by cheque made payable to CAISSE D'EPARGNE Aquitaine Poitou-Charentes or direct into our bank’s client account shown below, in order to enable this matter to be resolved amicably.

If there is any reason why you will not be paying the full balance today, please do not ignore this letter and contact us immediately.

This case has been assigned to Mr Imed Bouzamita who can be contacted by email at [email protected] or by telephone on +44 (0)1795 594576. Please use these details when replying.

Thank you.

Bank

NATWEST MAIDSTONE BRANCH (UK)

Ulster Bank Ireland Ltd

Sort Code & A/C No.

60-60-08 47296321

98-50-10 16877276

IBAN

GB10 NWBK 6060 0847 2963 21

IE75 ULSB 9850 1016 8772 76

BIC

NWBKGB2L

ULSBIE2D

Currency

STERLING

EURO

Please forward a copy of your payment confirmation to us to ensure further recovery action is prevented

Interest, Compensation and Collection Costs are charged in line with

The Late Payment of Commercial Debts Regulations 2013

This email should be used as a valid invoice

Our VAT number is GB 947 6946 59

Mr Imed Bouzamita

Credit Limits International Ltd

PO Box 267 - Faversham - ME13 3AX

( +44 (0)1795 594 576

Ê +44 (0)1795 537 841

* [email protected]

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Telephone calls may be recorded for training and quality purposes

We reserve the right to use these recordings for the resolution of any dispute that may arise

obviously someones xmas drinkies fund is a bit light

and they are hoping to spoof people into funding it.

totally ignore

dx

Thanks dx

Have you googled the company chasing ?

Are they even properly registered with UK regulators to carry out any debt collection activities ?

Looks a bit iffy to me.

This Imed used to be involved in tourism services.

The website set up does not look like a professional company.