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national home loans still chasing after 9 years 2

from carrot (jasper206@hotmail.com)
house valued at £125,000 in 1992,tried to sell for £110,000, reposessed by nhl in sept 1992. sold by nhl in november 1992 for £73950. I was made bankrupt in 1995 and discharged in 1998. the first debt collection company (robinson way & co) wrote to my wife in october 1997 asking for the shortfall of £42296 to be repaid. We contacted CAB who, after the usual,various correspondence, asked for the debt to be written off. Nothing heard from them again until June this year from another debt collection Company (Direct Legal & Collections)Anyone heard of these? We went back to CAB, they advised my wife to go bankrupt, but she doesn't want to as we now have equity in the property we are living in.The other option open to us is to offer a lump sum payment, although CAB have advised this is unlikely to be accepted. She suggested £2-£2,500 (We thought more like £4,000). We would like to know if the debt collectors are working for nhl or if they bought the debt from Robinson Way & Co, is this likely? We have found the advice on this site very helpful, and more importantly we now have hope! We have checked the court papers, at the time of repossesion, and the part where it says monies to be paid to the lender has been crossed out by the court. Is this the MJO that everyone mentions? Also is there a correct way to compose a letter asking for the SARN information? Finally, the latest letter addressed to my wife had her name wrong, when told that my wife was seeking legal advice, they wouldn't say anything to her because the name differed and quoted the data protection act! We haven't heard anything since the 6th July, should we wait, or should we instigate things by asking for the SARN? all replies gratefully recieved.
(posted 8276 days ago)

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