Our mortgage finishes in around 7 years time when my Mrs is 65. So we don't want to extend it any further. Plus, we just need to sell our house and we will pay it all off immediately anyway! That's the frustrating thing!!

Unfortunately, there are no benefits as I know of that pay your Mortgage! :-/ As for other things, we do get Working Tax Credit which helps, and a discount on our Council Tax, but all this is certainly not enough to save us from the Mortgage company. I personally have two unsecured loans which I have payment plans with that stretch over 150 years!! lol. One is £10 a month to Lloyds and the other is £5 a month to Cabot. I have been told that someone that my family knows was taken to Court by their Mortgage company with the idea of forcing a repossession, and apparently the case lasted only minutes as it was immediately thrown out of Court due to the person being able to pay a smaller amount! If this is a general thing, I would like to know? Because we can just about afford to pay £100 per month.

Hi everyone, I hope someone can offer us some advice? Since my partner's clothing online business has all but collapsed, we have been struggling to make ends meet. We are lucky to have a low mortgage of around £250 per month (over the next 7+ years), however due to the business failing we have been only able to pay £100 per month for the last 5 months. This has been agreed to with the mortgage company (C&G). Now we have one more agreed payment of £100 left (May), then they say they are going to take us to Court for a 'repossession' of our house! Now my Mrs who is nearly 58 is somewhat getting distressed at the thought of this, naturally. We actually have our house up for sale at this moment in time. When we first put it on the market last year it was set at £90,000, now due to our desperation we have lowered it twice. Now it's at offers over £75,000!! We already worked out that if we can sell our house we would be in the 'clear' as we will pay off what's left of the mortgage and buy the Park Home that we are planning on buying. (IF that stays up for sale!). Just so damned frustrating, and I hate seeing my Mrs like this. Can anyone offer us any advice on what we can do about the mortgage company threat? We can struggle on at £100 per month, and that's leaving our vehicle 'off the road' and cutting down on the heating. Nightmare.

The 'We Hate Lloydstsb' Facebook Page is up! Anyone who wishes to share their horror story with this 'Bank' (I use the term loosely), then please 'Like' and make your post! I'm not allowed to post a link on here so just search for the above name on the facebook search.

Thanks for all your help here mate. Much appreciated. I will definitely be doing what you have advised. I will keep you posted on what happens. Thank you.

The extra £14,000 that they insist on adding is a second loan I had with them that included their 'so-called' Payment Protection Insurance. When I came out of work a few months after acquiring the loan, they began to pay it, then they suddenly stopped, refused to pay any more and insisted that I now have to pay that loan on top of the other one! After many horrible months of abusive phone calls/letters etc, I finally went to my local CAB and we managed to get a payment plan arranged. 49 years of £35 per month!! lol. I'll be dead before then! I was hoping that this useless Government would let this 'so-called' Bank go to the wall, instead of bailing them out with our money. But alas, it never happened. Pity!

Funny question. But let me fill you all in... I am currently on Incapacity Benefit, which I've been on since 2004. I suffer with a severe Mental illness which I don't really want to go into on here for obvious reasons. Since I finished work, I have had to put up with 2 companies chasing me for money. (non-priority debts). Lloyds w*****rs and Cabot (Marbles Credit Card). Lloyds are the worst of the two as they have lied constantly about how much I owe them, basically adding £14,000 to the £7500+ that I ACTUALLY owe them. I owe Cabot approx £2500+. My question is, if I was to place a large cheque for say a thousand into my Bank Account (Not Lloyds, but a Bank that has not been rescued by the taxpayers), would they know about the debts I have, and upon cheque clearance give the money straight to Lloyds? A member of my family is giving me some money shortly, and as Lloyds **** have treated me like dirt which in turn has left me with nothing since 2004, I'm not telling them! However I am planning on using most of this money to offer a settlement figure to Cabot. IF, Banks look after each other in the above way, then I will ask my relation for cash rather than putting a cheque into my Bank account. Any ideas on this? Thanks.

Thanks for that. The PPI option might not really help much as I took out the loan with 'so called' Insurance just a few months before my illness. So I hardly paid anything to them. Although I'm not sure how much they actually added to my loan, so I will look into this. The 10% offer is a good idea, except I don't even have 10% of what I think I owe! Let alone what they claim I owe. lol. I really need to find out if I can qualify for legal aid. I've been claiming Incapacity Benefit over the last 5 years as I am classed as long term illness. My Mrs works from home. (ebay trader). To be honest, she is only still in business because we get working tax credit. Otherwise she would of been finished this last year. IF I knew that I could get a Solicitor now, then I would take these b*****ds to Court right away and get this done and dusted once and for all. Like I said before, I like many others on here are honest people, and I admit to owing a certain amount. But when I'm being treated like a criminal and also being ripped off by claiming I owe them £14,000 more than what I should do, I get a little 'bitter'. I'll tell you this much, if/when I do take Lloyds to Court, I will make sure that the media gets to know about it too. Lloyds will wish they never messed with me! Lloyds... I'm not a frightened little old lady you can bully! Just you wait! lol. I can't!! :grin:

Thanks for that. I will do some reading up I think before I decide either way. I really appreciate your advise mate. I definitely think being forewarned is forearmed, especially with these people. **** of the Earth. I call them the UK's 'legal criminals'.

Thanks for your response. I've had a quick scan through what an IVA is, and I have read about the possiblility of the creditors acquiring assets that I may have. I haven't got a lot now, so I am certainly not going to give these b*****ds the opportunity to totally ruin my life! I would rather let them wait for 49 years. lol.

Do these 'criminal' Banks ever wipe a debt after a large amount of time? The reason I ask is that my ridiculous payment plan stretches to 49 years!! lol. (£35 per month over 49 years to be precise!) For more info, here is my previous thread... http://www.consumeractiongroup.co.uk/forum/getting-out-debt/195186-i-want-take-lloyds.html I can definitely see signs of desperation in them lately, due to the types of letters they are now sending me and how frequent they are. Just before Christmas (typical) they sent me a snotty letter stating that they was putting up my payments every month etc. Of course I responded appropriately informing them that I will NOT be paying them more and quoting paragraphs from the OFT guidelines, which they totally went against. They responded by the typical letter... "We have decided to keep the payments as they are.. blah blah blah" LOL!! Two weeks ago they sent me a letter (which they called a 'statement') showing me how many times I have paid them £35 over the last year and in nice bold letters, how much is left to pay. I have never had one of these before and I have been paying this for nearly 2 years. (I keep all letters etc). I take it that this was a psychological ploy to get me to (somehow) up my payments? lol. Well that won't get them anywhere. Of course, I have now had one of those letters telling me that if I pay them £7,700+ within the next 10 days they will wipe the £13,000+ off the debt and clear me. Oh wow. Well considering I don't owe them the £13,000+ in the first place due to me having their 'so-called' PPI on it, they are not really offering me anything! Plus of course, where am I going to get £7,700+ in the first place? lol. They are truly pathetic. My ultimate plan with these 'peope', is to wait until I have paid off what I actually owe them (which will take years), then I will take them to Court about the rest that I shouldn't be paying. So I was wondering like I said, do you think that in the meantime, that it's possible that they might actually clear the debt anyway? I don't care either way to be honest, but it would obviously put a huge smile on my face if they ever did! Especially with how they have treated me over the last few years. ****. Any comments welcome. Thanks.

I will look into this. Thanks. I get a feeling that these 'people' won't wait another 48 years for this debt to be paid to them. Is this arrangement a typical one, or do these normally end up in Court anyway? Or is there some sort of time limit on how long someone can be listed 'default' for? Sorry for the questions. I just don't have a clue!

Thanks for that. There is no way I'm going down that route. To be honest, why should I? At the end of the day, I hold my hands up to the fact that I owe nearly £8000 to Lloyds and I actually agree that I should pay something towards that every month. But the other £14,000 is what is riling me. The Insurance should cover that (like it did to start with!) and so that is what I want to deal with more than anything. My step son was talking about getting another loan with Lloyds to add to a current one. When he mentioned adding Payment Protection on it, I warned him off telling him what they are doing to me. He has took my advice thank god. Lloyds are criminals. They push you into thinking that you need an insurance against coming out of work for medical reasons, then they don't honour it when it actually happens! These people are ****.

I looked into that at one point, but I was put off as I read somewhere ( or I was told ) that they can chase you forever more if they wish to do so, i.e. keep the debt live, until THEY think otherwise. If this is the case, then they really do take over the rest of my life. I don't see why I should let them do that. Plus, the few items that I own i.e. PC and TV, can be taken off me and sold off too, as I understand it? Or have I been informed wrong?

Thanks for that. Much appreciated. Like you said, I need to talk to someone in the legal profession first I think! Not too sure if I would qualify for Legal Aid with this, as I'm on incapacity benefit? Might have to book an appointment with the CAB again.