Igroup/GE Mortgage + secured Loan + now Engage- beat GE Repo - now Engage Repo **WON** Want to reclaim charges

[Pleasehelpme26]

Ok I can do it Friday x

[Pleasehelpme26]

Do I complete as salary now or salary as of 4th nov?

[Ell-enn]

Salary as of 4th November.

[Pleasehelpme26]

Ok I will do Friday and email to you, thanks

[northernbloke]

To northern bloke. I can't send pm yet...Thanks for your reply. When you say 50% is that half the arrears? We could only afford £228 per month but that is repaying over the remaining morgage term. What did ge do about fees and additional interest? Thanks

It's 50% of CMI. They told me that they wanted all the arrears in one go, but as the experts here say, that won't hold up in court.

[Ell-enn]

It's 50% of CMI. They told me that they wanted all the arrears in one go, but as the experts here say, that won't hold up in court.

 

What do you mean 50% of Contractual Monthly Instalment ??

[Pleasehelpme26]

That wasn't from me

[Ell-enn]

That wasn't from me

 

 

I know - I was asking Northernbloke what he meant.

[northernbloke]

Oh dear! I'm being vague, as usual! My CMI is £367 so I offered £500 which is,to round figures about CMI + 50%. That would cover the arrears in eight years. The judge was perfectly happy with this.

[Ell-enn]

Oh dear! I'm being vague, as usual! My CMI is £367 so I offered £500 which is,to round figures about CMI + 50%. That would cover the arrears in eight years. The judge was perfectly happy with this.

 

Hi, thanks - understand now

[Pleasehelpme26]

Hi I can't access the sheet attached that I need to fill in, thanks. Can anyone post out to me?

[Ell-enn]

Hi you should be able to print out the affixed version and fill in manually - but you can't edit it.

 

Do you have a PC/laptop at home ?

Budget Sheet.pdf

[Pleasehelpme26]

I've printed off the sheet and downloaded it. I will fill in on Friday and return. My gp has sent a letter to ge today saying how detrimental it will be for me if the eviction takes place. Ge still won't budge, should I inform judge of my health?

And anyone know what morgage rescue is?

[honeybee13]

Here you go, a link to Shelter's explanation.

 

http://england.shelter.org.uk/get_advice/help_with_money/mortgage_arrears/government_mortgage_rescue_scheme

 

HB

[Pleasehelpme26]

Thanks, that's out then

[Pleasehelpme26]

We also not been offered and help from ge. No interest only payments, capitalisation. They only spoke about morgage rescue or telling us to pay arrears in full.

[Pleasehelpme26]

We did have a lady to help a few years ago. But because the morgage was unregulated there was no more she could do.

[Pleasehelpme26]

If I went to court and was not sucessful, would I be able to ask for time to move ect and maybe get a lump sum?

Thanks everyone

[Ell-enn]

You could ask for time to sell - so you protect your equity. If you don't think you can maintain high payments on the mortgage and secured loan for many years it might be better to sell and perhaps buy a cheaper property?

[Pleasehelpme26]

I don't want to. I want to keep the house and yes we can afford the monthly installments. I'm just afraid the judge will say no to me and I have no back up plan. Thanks for all your help

[Pleasehelpme26]

Hello everyone , when I do my maths to take into account my arrears to be paid over the remaining term, what do I do about the added interest and fees? Do I have to add them in as well for repayment ? Thanks x

[Pleasehelpme26]

Is there anyone there ?

Just had a horrible bullying conversation with ge, he said no judge in the land would side with me as I owe so much money . I was feeling more positive, now dreadful again. Please anyone?

[dx100uk]

Hi I can't access the sheet attached that I need to fill in, thanks. Can anyone post out to me?

have you not got Microsoft office installed with excel?

 

you can download open office for free and use that.

 

i'd complain about GE not helping you to the CEO

 

they must as far as i'm aware record ALL calls regarding mortgage arrears / collections etc

 

if you feel the 'advisor' on the phone was poor to you

then detail the time date of it and complain.

 

although ar has been indicated any fees they have charged you will ofcourse only come off the outstanding balance

& as such 'not help you'

don't forget things like debt management fees and advisor visit fees

these are typically +£100 each visit

dx

[Pleasehelpme26]

I've downloaded it now so will fill in and return. They keep asking really personal questions and saying they are still reviewing on a daily basis but won't stop possession . Said no judge would be in my favour for £40000 arrears x

[Conniff]

Is there anyone there ?

Just had a horrible bullying conversation with ge, he said no judge in the land would side with me as I owe so much money . I was feeling more positive, now dreadful again. Please anyone?

 

Why are you talking to them on the phone - stop now and don't under any circumstances talk to them on the phone. They say these things in attempt to make you think "ah well, not worth me going then", it is intended to intimidate you.