thanks for your help think i will draft a letter to the FSA as well.

thanks for your help think i will draft a letter to the FSA as well.

no Bona i'm still a few months away from reposssession proceedings but it will happen without a doubt! i think i'm about to get my 1st letter concerning my arrears...

no Bona i'm still a few months away from reposssession proceedings but it will happen without a doubt! i think i'm about to get my 1st letter concerning my arrears...

hi guys my first time on this forum. I wanted to ask you guys a question i hope you can help? i have quite a lot of debt mostly unsecured and i have made arrangements with pretty much all my creditors. But i find that after doing that i have no money left. So because of this i decided to put my flat up for sale last year in order to reduce my debts of which obviously ones mortgage is the greatest. i pretty much picked the wrong time as every offer i have had as dropped out and the price has dropped everytime. (staruing at £390k down to £345k!!!). i have found a buyer we were days from exchanging. i have 2 charges on my house one is wellcome finace and the other is a unsecured loan with RBS that was changed. now in order to sell the flat alll charges have to be removed. i owe the 3rd charge 20k and they have agreed to take the charge off for 4k from the sale and a monthly payment of £340. But Wellcome who i owe 14k have declined my offer of 7k from sale and carrying on making my original payments of £340. i'm livid with this because i have told them that for sure i will get repossessed because i can no longer afford to pay my mortgage i already have arrears of about £5k. it seems to me that they are purposely pushing me into repossession. i have tried to be responsible and these guys are actually going to push me into having more debt. is this right ???? and i want to sue them in the event that i get repossessed. surely wellcome have to be responsible in wielding the power of their charge on my flat.???

hi guys my first time on this forum. I wanted to ask you guys a question i hope you can help? i have quite a lot of debt mostly unsecured and i have made arrangements with pretty much all my creditors. But i find that after doing that i have no money left. So because of this i decided to put my flat up for sale last year in order to reduce my debts of which obviously ones mortgage is the greatest. i pretty much picked the wrong time as every offer i have had as dropped out and the price has dropped everytime. (staruing at £390k down to £345k!!!). i have found a buyer we were days from exchanging. i have 2 charges on my house one is wellcome finace and the other is a unsecured loan with RBS that was changed. now in order to sell the flat alll charges have to be removed. i owe the 3rd charge 20k and they have agreed to take the charge off for 4k from the sale and a monthly payment of £340. But Wellcome who i owe 14k have declined my offer of 7k from sale and carrying on making my original payments of £340. i'm livid with this because i have told them that for sure i will get repossessed because i can no longer afford to pay my mortgage i already have arrears of about £5k. it seems to me that they are purposely pushing me into repossession. i have tried to be responsible and these guys are actually going to push me into having more debt. is this right ???? and i want to sue them in the event that i get repossessed. surely wellcome have to be responsible in wielding the power of their charge on my flat.???