Deed of Assignment

[PriorityOne]

"Accordingly, subject to you signing and returning to us the enclosed form, we confirm on behalf of Northern Rock plc, that you have paid the sum of £500 in Full and Final Settlement of all claims that the Northern Rock plc may have against you in respect of your personal liability to repay the Mortgage Account specified above."

 

Going on to say: "May we take this opportunity to thank you for your co-operation in bringing this matter to a mutually satisfactory conclusion."

 

 

As you have quoted from the letter... I assume that you still have it. If your offer was accepted in Full & Final settlement, then that's the end of it. It sounds as if Northern Rock's solicitors were slack in passing this info. to Northern Rock.... or NR haven't filed their info. away properly. In any case, no-one should be pursuing you for anything.

 

A suggested letter to the DCA would be :

 

I DO NOT ACKNOWLEDGE ANY DEBT TO YOUR COMPANY.

 

With reference to your letter of xx/xx/2007, a full and final settlement was accepted by ????? on xx/xx/2007 which ended my lilability with Northern Rock

 

Yours faithfully/sincerely.

 

 

(Attach copy confirmation of the letter you mentioned and send by rec. delivery).

[PriorityOne]

Thank you. That was about the same as my intention, and i am glad of the wording.

 

I will do this on Sunday when I have calmed down a bit!

 

No problem... .

 

Keep hold of that Full & Final settlement confirmation letter for the rest of your LIFE !! I have one from several years ago.... yet found the name of the mortgage company snooping around my credit files as recently as last year.

[PriorityOne]

One would never like to accuse them of being underhand, but what else could one say?

 

Hmmmm.... . I did wonder if they were trying to find an associated address for the ex-husband though.... because they didn't make contact, despite their snooping. In fact, I've not heard from them for nearly 8 years....

[PriorityOne]

Does you ex still owe them money PO?

 

I imagine so Rory.... He was in a terrible mess the last time my daughter went down to visit.... He told her that he owed around £100K. I reckon about half of this is the old mortgage debt that we had because they will have slapped interest on it. Whether he has tackled this or not... I have no idea. We don't talk that much, even now....

 

I have it in writing that I am not responsible for his half though. At the time, they agreed to split the debt down the middle and make us liable for half each. They eventually confirmed acceptance of my F & F, that all my liability with them had ended and that they would update all info. with the credit ref. agency about 8 years ago.