SPML Capstone Mortgage corp. EVICTION CANCELLED

[scared79]

Hi, before anyone says anything I know we have been totally totally stupid but now I'm really scared.

Our mortgage is with SPML and we had a repossession order made against us in May. I wrote to the company in June offering to pay 200 per month off the arrears which they accepted to begin in August. We couldn't pay in August or this month due to my young daughter being in hospital and we have received a letter this morning saying they have instructed their solicitors to begin eviction proceedings unless we pay the arrears in full (which currently stand at 5,990, most of which is their charges).

I know I should ring them and try to explain but I'm scared of them refusing point blank to accept the 200 a month again. 200 a month we can afford to pay, that's a certainty but I don't know what else to do to stop them from going for this eviction.

Please please please can someone help?

 

Thanks for taking the time to read this

scared79 xxx

[scared79]

Hi, before anyone says anything I know we have been totally totally stupid but now I'm really scared.

Our mortgage is with SPML and we had a repossession order made against us in May. I wrote to the company in June offering to pay 200 per month off the arrears which they accepted to begin in August. We couldn't pay in August or this month due to my young daughter being in hospital and we have received a letter this morning saying they have instructed their solicitors to begin eviction proceedings unless we pay the arrears in full (which currently stand at 5,990, most of which is their charges).

I know I should ring them and try to explain but I'm scared of them refusing point blank to accept the 200 a month again. 200 a month we can afford to pay, that's a certainty but I don't know what else to do to stop them from going for this eviction.

Please please please can someone help?

 

Thanks for taking the time to read this

scared79 xxx

[Bona]

Dont speack to them on the phone write and explain what has happened and pay a payment of £200 as soon as you can Do you have a staement from them how much are the charges

[Bona]

Dont speack to them on the phone write and explain what has happened and pay a payment of £200 as soon as you can Do you have a staement from them how much are the charges

[OLIVE.FAMILY]

Hi there scared79. Firstly you are in no way shape or form stupid and NOBODY on this forum will call you that. Do you know why? because we have all been there.

 

You have made a very big step. That is telling strangers your struggling. From here on in we are all going to help you try and keep your house.

 

The first thing you need to do is to stop phoning them. This will be really hard as you will always want answers straight away, but you need proof of what they are saying.

 

The first thing you need to do is fill in an income and expenditure. you can find one on the National debtline website. I will try and find a link for you. Ell-enn is very good with this but i Believe she is having internet probs at home so shewill be online to help in the morning at some point. She will help you write a letter to SPML.

 

Please try not to worry. If you have a look through all my other threads (click on my name) you will see I have been in pretty much the same position with the same level of arrears and I still have my home and so have so many more of us on here.

 

Once you have filled out the I&E you will then be able to see if you can afford £200 a month. There is case law that will enable you to ask to spread the arrears over the entire length of the mortgage.

 

Please try not to panic and know it is easy for me to say but you are amongst friends now

 

olives xx

[OLIVE.FAMILY]

Hi there scared79. Firstly you are in no way shape or form stupid and NOBODY on this forum will call you that. Do you know why? because we have all been there.

 

You have made a very big step. That is telling strangers your struggling. From here on in we are all going to help you try and keep your house.

 

The first thing you need to do is to stop phoning them. This will be really hard as you will always want answers straight away, but you need proof of what they are saying.

 

The first thing you need to do is fill in an income and expenditure. you can find one on the National debtline website. I will try and find a link for you. Ell-enn is very good with this but i Believe she is having internet probs at home so shewill be online to help in the morning at some point. She will help you write a letter to SPML.

 

Please try not to worry. If you have a look through all my other threads (click on my name) you will see I have been in pretty much the same position with the same level of arrears and I still have my home and so have so many more of us on here.

 

Once you have filled out the I&E you will then be able to see if you can afford £200 a month. There is case law that will enable you to ask to spread the arrears over the entire length of the mortgage.

 

Please try not to panic and know it is easy for me to say but you are amongst friends now

 

olives xx

[scared79]

Thanks for replying

I haven't had a statement from them for about 5 months now but I know that on the last one it was 50 pounds for each month missed, plus admin charges for letters etc.

I can't pay anything on the account until the 6th of October as we only have 150 to live on until then, but as soon as I can I will be paying that plus the normal mortgage amount in cash.

[scared79]

Thanks for replying

I haven't had a statement from them for about 5 months now but I know that on the last one it was 50 pounds for each month missed, plus admin charges for letters etc.

I can't pay anything on the account until the 6th of October as we only have 150 to live on until then, but as soon as I can I will be paying that plus the normal mortgage amount in cash.

[scared79]

Thanks OLIVE.FAMILY, we have already gone through our income and expenditure on our own but I think a proper budget sheet would help lots! The thing that's scared me most is the letter they and their solicitors have sent saying they want the full amount of arrears which there is now way we could pay!

scared79 xxx

[scared79]

Thanks OLIVE.FAMILY, we have already gone through our income and expenditure on our own but I think a proper budget sheet would help lots! The thing that's scared me most is the letter they and their solicitors have sent saying they want the full amount of arrears which there is now way we could pay!

scared79 xxx

[OLIVE.FAMILY]

I would think that they are adding the charges to the end of your mortgage and not to the arrears so dont worry about that. Also 6th October isnt that far away so when you write to them tell them that and then tell them when you can pay for the next few payments.

 

olives xx

[OLIVE.FAMILY]

I would think that they are adding the charges to the end of your mortgage and not to the arrears so dont worry about that. Also 6th October isnt that far away so when you write to them tell them that and then tell them when you can pay for the next few payments.

 

olives xx

[OLIVE.FAMILY]

Thanks OLIVE.FAMILY, we have already gone through our income and expenditure on our own but I think a proper budget sheet would help lots! The thing that's scared me most is the letter they and their solicitors have sent saying they want the full amount of arrears which there is now way we could pay!

scared79 xxx

 

 

Dont panic. There is not many people who can. This is just scare tactics. They are trying to scare you into paying. Look at this way. They need you to pay at the mo because they are struggling as well because alot of people are finding it hard to pay at the mo. So if they can scare you into begging borrowing or doing anything you can to pay them then that is what they will do.

 

olives xx

[OLIVE.FAMILY]

Thanks OLIVE.FAMILY, we have already gone through our income and expenditure on our own but I think a proper budget sheet would help lots! The thing that's scared me most is the letter they and their solicitors have sent saying they want the full amount of arrears which there is now way we could pay!

scared79 xxx

 

 

Dont panic. There is not many people who can. This is just scare tactics. They are trying to scare you into paying. Look at this way. They need you to pay at the mo because they are struggling as well because alot of people are finding it hard to pay at the mo. So if they can scare you into begging borrowing or doing anything you can to pay them then that is what they will do.

 

olives xx

[scared79]

Thanks Olives, I'll do that, I just don't know how to word it to make them take me seriously

[scared79]

Thanks Olives, I'll do that, I just don't know how to word it to make them take me seriously

[Bona]

Ok ask them to send you a mortgage staement from inception untill end of month and pay as soon as you can on the 6th October in the meantime do an income and expenditure sheet.

All amnin charges are NOT arreas they have to be piut on the end of the term find out just how much you owe then you can pay that over the term of the mortgage

Please dont worry Im sure we can work things out for you

[Bona]

Ok ask them to send you a mortgage staement from inception untill end of month and pay as soon as you can on the 6th October in the meantime do an income and expenditure sheet.

All amnin charges are NOT arreas they have to be piut on the end of the term find out just how much you owe then you can pay that over the term of the mortgage

Please dont worry Im sure we can work things out for you

[OLIVE.FAMILY]

I know what you mean. I am not all that good at letters. I am so very sure that you will have a letter on here by lunchtime. You have time dont worry.

 

xx

[OLIVE.FAMILY]

I know what you mean. I am not all that good at letters. I am so very sure that you will have a letter on here by lunchtime. You have time dont worry.

 

xx

[scared79]

Thanks Bona, I'll do that too

[scared79]

Thanks Bona, I'll do that too

[Bona]

Thanks Olives, I'll do that, I just don't know how to word it to make them take me seriously

 

They dont want to take you seriously so now change tactics and work towards a court heaaring if there is one put everything in write in do a budget sheet and see what yopu can offer also get that statement

[Bona]

Thanks Olives, I'll do that, I just don't know how to word it to make them take me seriously

 

They dont want to take you seriously so now change tactics and work towards a court heaaring if there is one put everything in write in do a budget sheet and see what yopu can offer also get that statement

[OLIVE.FAMILY]

National Debtline England & Wales | Personal Budget Sheet Found it.

 

olives xx