Response to Shortfall Advise

Hi there,

Sorry to hear about the shortfall letter.

I'd recommend several things to do as your next step:

1. Serve a Data protection Act notice on the lender 2. Read the Bradford & Bingley shortfall letters in the repossession section of this page and use them as templates to *politely* insist that Lloyds explain the sale price and provide documentation for their attempts. 3. Answer no questions until they have answered yours and documented their answer. They'll threaten Hell and high water, well: court action. Just keep politely asking your questions about the sale price and documentation. The reasons for this are well documented in the rest of the site.

You're in quite a good position in that you're broke!

Good luck.

Lee

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