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Response to SARN- ABBEY NATIONAL

from M Amos (idgroms@hotmail.com)
I have been going back over postings and have found this interesting one on MJOs from a posting by Eleanor Scott:

NAMV set great store on asking to see the Money Judgement Order, on the grounds that (a) if there is no MJO there can be no debt; and (b) most lenders didn't bother getting MJOs in the late eighties and early ninties, especially where voluntary repossessions were concerned. It is my understanding that when some lenders have been asked to produce MJOs, they have suddenly decided that it is 'uneconomical' to pursue the claim any further (please note: they don't drop the claim, they write it off). I believe that Peter Walker tries the same 'strict proof' approach but with MIGs (mortgage indemnity guarantee policies), notably those which pre- date 1993. --------------------

Taken from a posting dated Oct 14 under the title "experience"

Mark.

(posted 7927 days ago)

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