Paying fairfax/arrow on old BnB shortfall sold to Mex

[megane2020]

hi all

first post so forgive me if its in the wrong place

 

i am after some advice

 

10 year ago my house was repo'd due to marraige break up

 

i had short fall to pay

the house was in joint names

 

ive been paying each and every month since but got to thinking just how much ive paid

because i dont think the ex is paying any of it

 

i contacted fairfax who are the account managers

there have been a few others before them

i asked them for a list of every payment made by me to this account

 

after letter after letter i finaly got a list of payments since they took over (aprrox 2 yrs)

 

i then asked them to provide a full list of every payment from the beginning and

after 8 weeks of waiting i got a letter saying that they had got a reply from global arrow

stating that the information i want is unavailable

 

i find this very hard to believe as far as i am concerned i shoukld be able to get a statement of account

 

 

any body got any advice on this any help would be helpful

[dx100uk]

urm... sounds suspicious

 

 

I would assume drydens[Fairfax] client is arrows global.

 

 

who was the original creditor please

 

 

its unusual for a shortfall to be sold on.

[megane2020]

fairfax are the collection agency and arrow is the company they pay it tothe morgage was with morgage express through bradford and bingly

Edited April 21, 2015 by megane2020

[citizenB]

http://www.consumeractiongroup.co.uk/forum/showthread.php?387500-Mortgage-shortfalls-Request-Breakdown-of-balance-owed-**Correct-as-at-October-2013*

 

Suggest you send the letter above. Send it by tracked mail to the company you are making payments to.

 

I wonder if a Subject Access Request might also be worth sending ?

[dx100uk]

oh god mortgage express

 

something is not right here

 

what is Arrows doing with this

 

an old B'n'B shortfall

that was sold to Mex

that was sold to Arows

 

that's not right

mortgage shortfalls should only be dealt with by the original mortgage company

 

tell us the full history with dates

[megane2020]

hi dx100uk

just been looking through some papers and

 

 

the mortgage was like i said by Bradford and bingley and the lender was mortgage express

 

but now globle arrow some how are involved

 

the only reason ive been digging is yes i know i owe this money

 

the debt is x amount and ive been paying and its a joint debt but i don't think the ex wife has been paying any of if

 

as far as im concerned i am only intending to pay half so that's why ive been trying to find out exactly

how much ive paid over the years this way i may look at asking if they will take a lump sum if this makes sense

 

but both faifax and arrow seem to be keeping tight lipped and very un helpful

[dx100uk]

who is/was stated as arrows/drydens 'client' in their letters.

 

 

the debt is joint

so sadly they can mug you for the lot.

 

 

but something smells here.

 

 

have you ever had a letter called a notice of assignment

 

 

what letters from arrows/drydens/faifax have you got please

 

 

dx

[megane2020]

whats the notice of assignment letter and fairfax it letters saying they reveiw payments every 6 months and keep track of my payments to them

 

 

not had any letters from arrow

 

 

the fairfax letters state arrow as there client and the address of the mortaged house

[megane2020]

sorry i had 1 letter from arrow 12 month ago but all it was was a statement of what i had payed them via drydon fairfax

[dx100uk]

you have a mortgage shortfall

the debt has been sold to arrow global by the looks of things

 

IMHO you are being cash cowed.

 

so time to resit the whole debt.

 

how and why did you start paying arrows on this

 

we'll need the full history with dates.

 

sorry but I think you are being had blind here.

how much are you paying them PCM

 

and how much was the shortfall.

 

dx

[megane2020]

cant remeber off the top of my head

 

 

but been paying it for over 10 yr

 

 

dont want to say short fall amount

 

 

but been paying £50 pm

 

 

fairfax sent me a letter about 8mth ago saying that arrow had said if i paid £9000 then they would wipe the rest

 

 

then after that i stated trying to find out how much i had paid

 

 

thats when i got the brick wall treatment from fairfax and arrow

[dx100uk]

oh dear discount offers too

 

 

this gets worse.

 

 

you need to get every scrap of paperwork from everyone.

[megane2020]

So do I send the sar to arrow or fairfax

[dx100uk]

they are the same lot

 

 

ideally it should be to the original mortgage company

 

 

dx