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Need some advice please

from Graham (graham@strachan.freeserve.co.uk)
Hi Everyone,

I wonder if any one could give me some advice please. About 6 years ago for one reason or another I stopped paying a mortgage I had on a flat which i wasnt living in (it was empty). About 2 years after that it was worrying me so much I contacted the mortagage lender(Bank of Scotland)and we came to an arrangement that i would cash in my endowment to clear the outstanding debt and take out a new endowment. I also told the bank the new address of where i could be contacted. Unfortunately i didnt pay the new endowment or the mortgage payments again. Today I have received a bank statement from them which says iam £9500.00 overdrawn. I believe the flat has been sold3 years ago by the bank but this is the first piece of correspondance i have had from them since i cleared the arrears(1999) the bank statement says in the corner repossesed june 2000. Can anyone tell me what i should do now. I wasnt told it was repossesed and know one has asked for any money yet this is just a statement.

thank you

Graham

(posted 7719 days ago)

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