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Response to Abbey National - HELP!

from Too scared to say (iwasduped@yahoo.com)
John..you can be pursued for any debt incurred under a Mortgage which is covered by Rights of Subrogation. The MIG question has never been successfully challenged in Court, whether it be the 6/12 year issue or whom can assume the rights to pursue once the MIG has paid out. I have one of the old MIGS - which is one of the contentious ones that probably covers me. Nevertheless, I am being pursued (even though the original alleged shortfall has been sold on many times) as there is no case precedent I can use which would stop them. Right now a well known firm of shyster lawyers has the shortfall - even though I am only a few months off 12 years from the first default.

With regard to the IC and FSA, yes complain, but expect no support. They are utterly useless at the best of times. I would continue to insist that the Lender provide you with the documentation - you are entitled to it. After that, if they refuse, I would demonstrate to them (not DLA) that you are on IB and that they are pissing in the wind. I would, in your shoes, tell them to take you to Court or accept your one and only final offer. Be warned that they might call your bluff though, so I would advise this course of action only if you truly have nothing other than your benefits. Should there be any assets or assets a partner owns in which you have a beneficial interest, I would be far more cautious and proceed simply with the advice on the site regarding how to deal with the next stages.

(posted 7754 days ago)

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