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lenght of time lender can demand monies following repossession

from S Hill (sue.hill@pigsty13.freeserve.co.uk)
Home repossessed not because of mortgage arrears but due to husband (now former)creating 10,000 pounds 'unauthorized' overdraft on current account - in both names, but myself given to believe that account had been placed in spouses sole name. Date of repossession 1992 - shortfall on sale = more than overdraft amount. Spouse a lawyer - self found it impossible to obtain 'proper' legal representation. How long will Barclays be able to continue pursuing me for this debt. Self - dependent on Income Support, have young children. Former spouse in full-time employment yet has paid nothing to this debt.Have heard that after 12 years, bank will no longer be able to pursue, is this true?
(posted 9169 days ago)

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