Hi All, guess what, it's back again this time with Arrow Global who have been assigned the 'debt' from Fairmile via Drydensfairfax Solicitors. This time they have added an income and expenditure form. HAHAHAHAHAHAHA Do I just send on the last stuff or just ignore this as have not had anything from Fairmile for a couple of years now?? Muchas Matt

Hi Everyone and thanks for the help and advice so far. have a bit of an update, I have been out of action just recently as I have been a kidney donor to my very poorly brother so have spent a considerable time in hospital and am still slowly recovering. Received a letter today from Lawsmiths ( same address as Asset Recoveries) Our Client: Fairmile Recoveries LLP(as Assignee of Northern Rock plc) NR******* Claim for £19,896.18 and interest We act for Fairmile Recoveries LLP and are writing to you at the request of their asset manager, Asset Recoveries UK Limited in connection with your outstanding liabilities to Fairmile Recoveries LLP, which arose out of your mortgage to Northern Rock plc. We understand that our client's asset manager has written a number of letters to you inviting you to discuss with them proposals for payment of our client's claim. As yet you have not agreed to make a payment of a settlement sum and hence we have now been instructed to commence lega action against you. The purpose of this letter is to inform you of this course of action and to request that you make contact now to discuss a settlement with us. If we do not hear from you our instructions are to proceed with legal action. As you will appreciate the costs of legal proceedings will be recoverable from you and could add significantly to the monies you already owe, which will also include an interest claim for the years during which the debt has been outstanding. Should you be in any doubt about our client's intention to seek recovery of monies by legal means please let us assure you that we will be proceeding with legal action if we do not hear from you by 5 September 2008. Legal work has not yet started byt will do so if you ignore this letter. You may wish to contact our client's asset manager, Asset Recoveries UK Limited by telephoning 0161 *** **** and speaking to Dominic Powell. If you wish to do you should make contact within the next 7 days, and we urge you to do so. Yours Faithfully Lawsmiths Unsure what to make of this as the last letter from Asset Recoveries sated they would not be contacting me again as I obviously had no intention of paying this debt. Any help will be greatfully recieved. Thanks matt

Hi everyone, thanks for your help so far with this. Another update, got a letter two weeks ago saying they were aware that I was a home owner and were informing me that their client (change from asset being the debt owner) had a right to take proceedings with a view to obtaining a charge on my property, that charge would give their client the right to seek an order of court directing the sale of the property which would deprive me of my home. in the meantime i had issued nr with a s.a.r. which they have not replied to, so I wrote back to asset again stating that I had issued nr with a s.a.r. as per my last correspondance. Today I got this We have now written to you several times and you have failed to respond to our letters. It maybe that you have your own reasons for not making contact with us and we would urge you to make contact with us either by letter or telephone as a matter of urgency and let us know whether you wish to resolve the claim against you in an amicable way. In our last letter we explained to you that our client had the right to take proceedings against you with a view to obtaining a charge over your property, that charge would give their client the right to seek an order of court directing the sale of your property which would deprive you of your home.Our client does not wish to pursue this course and would rather into into an amicable discussion with you to identify a way of dealing with its claim without the need for unnecessary court action with the consequence that substantial additional costs will be claimed from you. One way of dealing with the matter is to give our client a Voluntary Charge over your property to secure an agreed sum. Entirely without prejudice to our client's rights to seek recovery of the full amount due to it, our client may be minded to grant some reduction in the amount of its claim if you negotiate with us in good faith to resolve the claim against you. We would invite you to give our client a Voluntary Charge for an agreed sum which would have the effect of registering a charge against your property which would become payable either on a fixed date or upon sale of the property, whichever we can agree with you. Please now contact us within a few days. End yet again they ignore that they have signed for letters sent back to them and have continued to contact despite the fact that im chasing nr for details, also how can they advise me to place a charge on my property when im disputing that I owe them or their client any money at all, also how can they send me a letter of assignment and then claim the client still owns the debt once I s.a.r. them. All in all its making me rather ill and when you add in the fact that im being a kidney donor in the next few months I could do with getting this sorted once and for all. Any help or advice people can give would be greatfully appreciated thanks limpet

okay another update, I got a letter from the asset recoveries saying the northern rock had now contacted me and answered my questions and can I phone and arrange payment. Sent them another letter stating that I had had no correspondance from Northern Rock and until I had I would not discuss this any further, got another letter from asset simply stating I should call them as it was in my best interest then a letter yesterday stating, Thank you for your letter dated 4th Dec, your comments have been noted Please find attached a copy of mortgage shortfall that I received from Northen Rock, I was lead to believe that this information had been sent to you, I await your reply there was another piece of plain printed paper that says We obtained a 28 day possesion order on 25 Sep 2000 Mortgage granted fromm Northern Rock on 16/9/1993 for £27500 Valuation of Property £32500 Property taken into possesion 9 Jan 01 Arrears Outstanding on that date £1485.60 Two Independent valuations were obtained for £12000 and £14000 An offer of £12000 was received on 28 Feb 2001 and contracts were exchanged on 21 March 2001 The Sale completed on 3 April 2001 and was sold for £12000 The Shortfall on the account £19896.00 Please find enclosed a completion statement showing the cost of the sale (then hand written) TO FOLLOW Balance at Redemption 29549.54 Plus Solicitors Costs + VAT 243.80 Estate Agents + VAT 1069.99 Maintenance + VAT 483.21 Asset Manager Charge + VAT 262.33 Valuation Fee 99.88 Poss Int 187.25 Less:- Sale Price 12000 Total Loss 19896.00 End Now ive found proof on the land registry that the property sold for £23000 in april 2001, whats the next step.

yep your right that I have not received anything from northern rock or the dca except for the letters already stated asking for £19k

bit of an update, I wrote to them again listing exactly when they signed for my replies to each and every letter with copies of each letter and questioning again how the debt was made up, what was it for, if it was for a repossession then how was the house re-marketed upkeep and the like, valuations ext, then I got Dated 1st November Dear Mr Gardner Thank you for your letter dated 22nd October and all the previous letters, I have requested the information you require and will contact you with the details as soon as I receive them. Please don not hesitate to contact me if I can be of any further assistance. Finally, we should make it clear that any concession time or indulgence which our client may appear to grant or willing to do so as may be inferred from our correspondence is entirely without prejudice to our client's right to insist upon full and complete performance of the obligations undertaken by you unless and until the matter is settled to our client's complete satisfaction and is acknowledged by them to be so satisfied. Yours faithfully. Then nothing from them or northern rock then this dated 12th november 'Without Prejudice' Further to your letter dated 17th October, I have contacted Northern Rock regarding your outstanding liability to **** addresss, Gorton, Manchester. They have advised me that you have been in contact with them direct and they have supplied all the information that you have requested. Therefore would you please contact me so we can discuss payment arrangements. Finally, we should make it clear that any concession time or indulgence which our client may appear to grant or willing to do so as may be inferred from our correspondence is entirely without prejudice to our client's right to insist upon full and complete performance of the obligations undertaken by you unless and until the matter is settled to our client's complete satisfaction and is acknowledged by them to be so satisfied. Yours faithfully. End Right so they've acknowledged that I have replied and also are asking pertinent questions but skirting the issue that they have no idea and or not willing to tell me how the debt is made up. your advice so far has been amazing and I only hope that someone can be of further help with this. Thanks so far.

quick update, I got a letter again from asset recoveries stating I hadnt replied to their original letter dated in july and asking me to phone them to arrange repayment, i sent a registered letter back to them and to northern rock asking again for a breakdown of whats owed and stating that I do not acknowledge the debt and that I would only deal with them in writing. Got a letter today the 18th saying we refer to our letter dated 5th october (sent 17th) and are disappointed that you have not contacted us. It may be that you are mistaken as to our clients intentions in seeking recovery of monies properly due from you to it as outlined in earlier correspondance and the Notice of Assisgnment served upon you. Interest continues to accrue upon monies outstanding from you and it is certainly in your interest to make contact with us as a matter of urgency to discuss an amicable method for repayment of your obligations. If we do not hear from you our client will conclude that you do not wish to treat the obligation seriously and one which needs your immediate attention. Your failure to reply to this letter is likely to lead to a course of action which will involve court proceedings. Such proceedings will include a claom for costs and interest and you will almost certainly need to take time off work to attend before the Judge and explain why you have not responded to our letters seeking constructive proposals for repayment of your obligations. Once again we therefore ask that you contact our clients asset manager on the following phone number. End need advice on the next step, this is the first time that court has been mentioned and I admit it has now got me a little worried. what should I do? Thanks for the help so far.

12 years ago I handed back a house worth around £15k at most the mortgage owed was £12k, am unsure as it was 12 years ago, in june I received a letter from asset recoveries UK Ltd claiming they were acting for Fairmile Recoveries who I owed £20k to also in the same envelope a letter from Northern Rock saying they had assigned the debt over. I initially contacted Northern Rock and they didnt have any record as it was over 12 years and that over 300 letters had been sent to other customers in error and not to worry about it, I contacted Asset Recoveries who asked me for proof that I had paid this 'outstanding debt', I told them to contact Northern Rock for more details as thats what Northern Rock had told me to, since then I have wrote to Asset Recoveries asking what the 'outstanding debt' is for and how its made up, they have written to me again 'stating' that both Northern Rock and the original recovery agency had no record of any payments. I wrote to Asset Recoveries again asking for proof of what the debt was for and how it was made up. All letters sent recorded delivery. Today received a letter saying they had not heard from me since the letter dated 6th July 2007 and are now requesting contact from me to discuss an amicable method of repayment to Fairmile Recoveries. Since the initial letter sent 6th of July I contacted them twice in writing asking for details of the debt which they have not supplied. Can anybody advise on what the next step should be. Thanks