Can I avoid repossession?

[nuke em]

Hi guys! Many thanks for the advice. I am genuinely overwhelmed by all the support - I've been running through all this in my head for so long!

 

I will definately put everything in writing from here on and make sure I sent it recorded.

 

I'm going to get a couple of estate agents over to get a valuation and some opinions on the local market and then put this to the Mortgage company.

 

Not sure if anyone know much about the Company that now has my Mortgage. It's called Webb Resolutons. My mortgage was with GMAC but I believe they've sold on a parcel of their 'toxic' debts. Someone I spoke to said they might have even bought my mortgage for 50 pence in the pound!!!

 

Some things to consider..........

 

1. Your "Mortgage" document is fraud in the factum. They, the Mortgage Co never gave you anything of value, they took your signiture and montized it and basically lent you your own money - you were not given full disclosure of that , they did not provide anything of value therefore there was not equal consideration
   
2. Lawful Terms and Conditions, Which basicaly means that there should be no mischief in the proposed agrrement! - which there was
   

Also i would chalange whether the orig documentation even exists! in light of the recent MERS case , chances are the the original "note" has gone missing.... no note no repos!

[nuke em]

Hi. Haven't posted here in a while but no my circumstances have changed - I need some more advice. Basically I'm at point where I've decided that trying to keep hold of the house is just not worth it. My credit status is wrecked, I'm going to be at retirement age in 6 yearas, my job is a tempory contract anyway and the term of my interest free Morgage ends in 4 years. Basically I've found a rental house on favourable terms. What I really need is some good practical advice on Voluntary Surrender of the house to the mortgage company. I'm in -tive equity and I'm also going down the Bankrupcy route. Any advice would be valued - I'm a bit concerned because I've heard that if you sign the wrong form from the Mortgage company you can become liable for the shortfall even in Bankrupcy.

 

Thnaks in advance.

 

 

This is what i would do in your circumstance

 

• Question the validity of your alleged mortage contract NOW!
  
• do not consent to anything they send you
  
• do not speak to them on the phone
  
• stay in your property payment free for as long as you can ( why do you want to rent another propertry that will cost you?
  
• dont go BR
  
• Investigate why your mortage is/was a fraud, and that no one has "lent" you anything of value, therefore why should you ever leave the property?
  

Radical stuff ? yes maybe but in the next year as more people discover the truth about mortgages & Loans..it will be the norm!

 

the time of the Bankster is OVER!!

 

 

also is there anyone living in your property (apart from you & not a paying lodger/tenant) that is NOT on your "mortgage document" ? like a wife/husband/partner etc ?

[nuke em]

Questions....

 

is your wife named on the alleged mortgage?

is your daughter under the age of 18 ?

 

i need more details on the alleged mortrgage

 

who is it with ?

how long ago did you take it out?

how many months are you in arrears?

Have they started repo proceedings yet?

do you have any equity in it?