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Meerkat One

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About Meerkat One

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  1. Hi Thanks for replying. The debt is mine but I wondered if someone else can now take over the CCJ without applying to the court and whether they can start adding more costs and fees to a court arrangement agreed? Meerkat One
  2. Hello I wonder if anyone can help me - I have a CCJ for Hewittsons solicitors relating to school fees for United Church Schools Trust. I have made the monthly payments agreed under the CCJ for the last 4 years. Two weeks ago I received a letter from Redwood Collections informing me they had now been instructed to recover the debt. There was no statement, letter of transfer or any paperwork to support their claim. This letter informed me that I was to cease payments to Hewittsons immediately and send payments to Redwood. I didn't respond as I expected to rec
  3. I don't know if this is of any interest but I challenged MX over who was legally authorised to instruct LPA Receiver as I discovered the person who signed mine was an Admin assistant and did not have POA. I got my properties back.
  4. Hello All I have been away for some time and catching up on thread I am horrified things are still going MX's way. I don't know if there is anything I can help with other than to offer support but if I can I would be very happy to join in. Meerkat One
  5. I am not entirely sure but I understood that if a lender was acting as mortgagee in possession they would have to apply to the Court to gain possession to then sell. The lenders use lpa receivers to avoid this as you can go to court to delay, offer payment arrangements etc etc. However, it is then up to the lpa receiver to make the judgement on whether a property must be sold if it does not pay it's way or is too costly. A lender should not interfere with the lpa receivers's decision. By influencing them they are by passing the court process and is not the legal way to proceed in a reposse
  6. Hi tarquin999 Are Chelsea acting as Mortgagee in Possession? It sounds as though they are instructing the Receiver is this correct?
  7. Hi m3car Securitisation is when a lender sells on a bunch of mortgages and then uses the funds raised to lend again. Whoever purchases the mortgages now owns the loans and very often the lender becomes the Administrator. In the case of MEX we are interested to know who owns our loans and thus who is legally able to appoint lpa receivers. In your case, when were lpa receivers instructed? Autumn 2008? Have you SAR MEX and Touchstone? On what grounds are Touchstone selling property if it is tenanted? Regards Meerkat One
  8. Hi All Just catching up and I am so sorry to hear all these horror stories. I know CHL securitised and I will try and find out more. I am also working on MEX securitised loans. Marley 1 could you try and pm again? It is interesting to note that MEX are now attempting to shift the blame for instant remortgages to solicitors they claim misled them. In my day the BDM's would push next day remortgages - a major selling point in purchasing BMV properties. I fail to see how the Executive team at MEX claim they knew nothing about the practice when all their employees were perfectly aware.
  9. Hi All I would challenge Chelsea. Certainly SAR them immediately and question charges, arrears, etc. Inform Allsopps that you are in dispute with Chelsea and until this is resolved then you do not recognise their appointment. In the meantime continue to manage the properties and make mortage payments etc. Allsopps should have informed you they had been appointed? They should have sent you a letter/deed of appointment by Chelsea. This is very important. It is also important to know who authorised the lpa and who signed the letter/deed. SAR the lpa receiver also. The info
  10. Hi Tarquin999 Have you got tenants in the properties now? Can I suggest you SAR MEX. This will give you an indication of whether they have started doing their homework re lpa's. In many cases they seek reports some months prior to appointing. If you are on your second chance then it would be worth seeing what their plans are. If you can keep the payments up you will save yourself all these terrible scenarios - and lpa's are truly terrible. They have no interest in assisting you. MEX are not landlords and most never have been - they do not really understand the market. Ask your Ca
  11. Marley 1 When did you SAR WS? They have 40 days to reply. You must also SAR MEX. There will be details of exit strategy etc between WS and MEX. Difficult to see how you will be breaking the law if you try and sort out your own properties. Remember these are still legally your properties - WS are legally acting in your interests and if they are not they take the situation in hand. They should also be keeping you up to date with their activities. Have you received any invoices from WS? If not demand detailed invoices. Then you will be able to check what they claim to be doing and wha
  12. Hi Marley1 Can you get into your properties? Is there anything to stop you putting tenants in? I did pm you with another load of questions - sorry! Have Nutrade been involved with your properties at all - they are usually the information gatherers for WS. Regards Meerkat One
  13. Hi Tarquin999 Have MEX sent you a letter which in essence allows them to put all the properties together and to offset any outstanding arrears? If they have then they are linking your portfolio and can claim arrears over the whole. I am assuming you have not had any properties put with lpa receivers? Regards Meerkat One
  14. Hi Nightmare4banks I haven't been through all the threads so apologise for my laziness! Can you just tell us who your lender is and which receivers your properties are with? What date were your properties put with receivers? Sorry for the questions. Regards Meerkat One
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