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Response to Halifax , shortfall is sorted!

from goodluck to you all (tequilaslammas@yahoo.co.uk)
here is a breakdown of communications to and from the Halifax:-

April 2001 - received 1st shortfall letter from the Halifax. My partner phoned them and told them we had no money. I found this site and began SARNING:- Halifax plc., Halifax property services The repo solicitors The Royal and Sun Alliance Allied Dunbar Experian

May 2001 Halifax wrote and told us they would postpone pursuit until a later date. Received a huge wad of paperwork from Halifax but no MIG.

October 2001 halifax wrote and told us they were the postponement period was over and could they have payment proposal. Financial analysis forms etc.,

Nov 2001 I wrote and politely asked them to send documentary proof of alledged debt.

Nov 2001 They sent lots of docs but no MIG excuse that I was the 3rd party and not entitled to it etc.,

Nov 2001 They sent a completion statement with a breakdown of costs.

Nov 2001 I wrote and queried some of the dodgy amounts on the completion statement, asked again for the MIG docs, denied that there was any debt.

Nov 2001 They wrote and gave their reasons why no MIG, 3rd party yada yada also sent me mortgage deed and a deduction of money from the amounts that I queried on the completion statement.

Dec 2001 they wrote and asked for £9,000 and supplied a proposed payment scheme.

Dec 2001 I wrote back and wished them a Happy Christmas and offered them a one off lump sum goodwill offer of £1,000 as full and final settlement although I still did not acknowledge that there was a debt.

Dec 2001 They wrote and told us to fill out the I&E to prove our financial situation.

Dec 2001 I wrote back and queried their jurisdiction to ask us for financial details? and offered the £1,000 again, asked them for the MIG again, still denying any debt.

Jan 2002 They wrote back telling me the same old 3rd party story about the MIG (Yawn) asking for the I&E forms and threatening to send in the external debt collectors if I didn't play ball.

Jan 2002 I wrote back and briefly told them about our pathetic financial situation, no assets, council flat, kids, no excess money! Offered the £1,000 again and threatened bankruptsy if they continued to pursue us for the ridiculous amounts they were asking for.

Jan 2002 They wrote and asked us to fill out the I&E forms.

Jan 2002 I wrote and sent them some photocopies of our wage slips - (blank out all details, employers address etc.,)

Jan 2002 (busy bees) They wrote and said they had worked out that we had an excess of £250 a month, fill out I&E forms to prove otherwise.

Jan 2002 I wrote and said "eh?" what £250 excess? Accept the £1000 or we will go bankrupt.

Jan 2002 Halifax wrote asking for the I&E forms fill them out or they would send in the external debt collectors (again).

Feb 2002 I snt in the I&E forms as I wasn't hiding anything.(no hidden mansion or lottery win)

Feb 2002 Halifax sent us a delightful payment fpoposal based on the I&E forms

£5 a month for 48 months (4 years!)and then £200 a month for 72 months ( 6 years!!!!!)

Feb 2002 I wrote back declining their payment proposal......and asked them to accept the £1000 or bankruptsy.

Feb 2002 The Halifax wrote giving us 10 days to respond or they would send in the external debt collectors and maybe even their solicitors.

March 2002 The Halifax wrote as above.......

March 2002 I wrote and offered £2,500 as full and final settlement etc.,

March 2002 They accepted

March 2002 They sent a receipt

March 2002 They sent a confirmation letter ( That I posted above.)

I hope that this helps some of you. I realise that everyones situation is slightly different, all I can say is please try not to let them intimidate you too much with their threatening letters. You can see how many times they were going to get the external debt collectors to pursue me for the full amount but they never did. If you don't have anything to hide financially then once you reach a stalemate situation and really don't want to drag it on and on then perhaps you should fill in the I&E forms......wait and see what amount they come up with and then barter, it can't hurt and it worked for me. If you don't mind waiting for their next letter to drop through the letterbox then keep on stalling, who knows the government may sort the shortfall situation out eventually but I couldn't live that way.

(posted 8014 days ago)

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