Tilly V mortgage express repo

[gizmo111]

Ok the way i see it i have 3 options

 

1. Try and prove the house was undersold, after all what s gone on last few months, dont know if i could hack it at the mo to be honest,

The offer you had was very low though wasn't it around £120K?

 

 

2. Let them chase me for 12 years, to be honest i dont think i could cope with that.

And as soon as you get back on your feet you'll have this huge debt to contend with, and will most likely end up BR in years to come.

 

 

3. Go Bankcrupt and knock it all the head so to speak, fresh start in a year or so with nothing hanging over my head or lurking in the shadows,

 

Now is the best time to do it before you return to work, on benefits you will have no IPA to pay and will be discharged within the year.

[tonycee]

Now is the best time to do it before you return to work, on benefits you will have no IPA to pay and will be discharged within the year.

 

Fantastic advice.

I couldnt agree more.

[**Tilly**]

Now is the best time to do it before you return to work, on benefits you will have no IPA to pay and will be discharged within the year.

 

 

 

 

Fantastic advice.

I couldnt agree more.

 

 

yep i agree too

[Tawnyowl]

Seems its decided-now Tilly come and join Tawnyowl and others on Bankrupycy thread-AWFUL QUIET WHEN YOU ARE NOT ABOUT-.Would like some company.Like people say while on benefit best thing to do-and anyway would give high odds on other half going that way.Dont want to worry for the next twelve years.Would give you so many sleepless nights..Final two furlongs i feel-bankruptcy and new home coming soon..Good luck Tawnyowl.

[sillygirl1]

Tilly and Tawnyowl - I am 2 years (on 12th of this month) down the line from reposession and would recommend the bankruptcy route. In my case they can't get much as I have no assets and am just waiting for somebody to set the ball rolling - have a feeling it will be GMAC as I am NOT paying their alleged shortfall - if they hadn't included the 'early repayment charge' in the amount it would mean THEY OWE ME. Come the fight (if it does) that is going to be my ammo....

 

All I can say is keep every single letter and record of debt that you have, they CAN and WILL come chasing one by one as soon as they get a sniff of a change of circumstances.

 

As far as sleepless nights go I have a lot of remedies for that and NONE work.... except maybe putting the alarm clock out of your immediate line of vision!

 

Good luck in both your decisions - and keep us all posted here of the progress (or lack of).

[cat100]

Hi I know this is a silly question so please excuse me.As u know we have recently been evicted,we haven't nor shall we be informing the lender were we are.How do or did they find were you live.?All our post is redirected to a post box..

[sillygirl1]

I gave my dads address as a forwarding address - and when I went on the Council Tax register here they started writing again... that seems to be one of the key things, a change of address which trigers their letters.... maybe they think you are 'in funds' again and can pay them... I am in rented accommodation and don't have much hope of a council place (no children) and hopefully they will give up and go for bankruptcy.

[cat100]

Thanks sillygirl1.We are hoping to disappear abroad after a few years.Just starting down the road,lender is starting to market house.

Apologies Tilly for hijacking thread.

[**Tilly**]

Hi Cat

 

No problem

[Mr lex]

Tilly's new thread is here :-

 

http://www.consumeractiongroup.co.uk/forum/formal-solutions-bankruptcy-administration/163318-tilly-going-bankrupt-here.html#post1753304

[**Tilly**]

Thanks Lex xx

[**Tilly**]

Hi Peeps just wanna say

 

 

 

Okay mr lex over to you