I reproduce in full the text of the letter from HMC.(posted 8069 days ago)date: 20 January 1999.
Dear Madam
Ref here:
We write with reference to the above matter and further to your letter dated 22 December 1998.
We would advise that the Company accepts your offer in full and final settlement of £7,200.00 to be paid monthly by £100.00 commencing from 1 February 1999, in respect of your liability only.
Please find enclosed a Standing Order Mandate, which needs to be completed and sent to your bank. The first payment under the standing order is due on the 1 March 1999 and monthly thereafter.
The first payment is due on 1 February 1999, however, as the Standing order will not be set up in time for the first payment, please therefore arrange to forward a cheque for this.
We would advise, that if payments are not maintained, we reserve the right to pursue yourself for the full outstanding debt, but trust this will not be necessary.
Yours faithfully, Louise Lacey Legal Administrator
------------------ end letter --------
The summary judgement, which I defended pointlessly, was against me and PAUL MICHAEL HARDIMAN, who is the b******d who ran off and caused the repossession in the first place. I assume that where the letter says "your liability only" they are referring to their separate rights against Hardiman.
I do thank everyone who is replying, for their comments, and support. This thing is a nightmare which has blighted my life for 11 years. Being one of the early casualties of the 1989 boom and bust Tory policies has been very difficult, because of the lack of advice and support available. I have been misadvised by Housing Rights and Citizen's Advice Bureau. The Citizen's Advice Bureau in Abingdon, Oxon, refused to help me because I wouldn't fill in an Income and Expenditure Form. They didn't bother to tell me though, they just wrote to HMC saying that they weren't advising me.
avril