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Bradford & Bingley/ Drydens mortgage shortfall

from sarah kain (skain572000@yahoo.com)
Having spent many hours reading all the valuable information held on this site, I think I may be suffering from brain-overload as although I am more informed I feel just as confused as ever as to the wisest course and therefore would be grateful for any advice. However, picking up the message time and again that 'THEY' read the site as well I am worried about revealing too much information - I notice that some names crop up constantly and wondered if they are willing to respond to direct e-mail? I would not presume to follow that course unless I knew it was acceptable. My immediate problem is as to whether I respond to recent pressure - to date ignored - in the form of a SARN - or wait for them to do their worst, 'justask' has me confused on this. Also wonder how responding affects six year time scale. Without going into too much detail as I suspect that even the exact shortfall gives clues to THEM as to who is posting and yes I do know I am being paranoid........ my shortfall is pushing 30 grand and sale of the repossessed property I estimate around the 5 year mark but don't know exactly. The history of this mortgage is complicated involving protracted litigation on related matters - the result being that I am now in a position from which I can never recover and for Bradford and Bingley to even get 30 pence out of me will be over my dead body. Literally. Simply because I know that I don't owe them anything, the shortfall is merely the result of fancy footwork and creative accounting which they have turned into an art form. Am at the point now where SDs and CCJs are threatened - do I hit them with a SARN or wait.... I am totally potless, I own nothing but I do have loans/cards and I am employed but low paid. My concern with bankcrupcy is my other debts - incurred because of B/B - but valid debts nonetheless and which I feel morally bound to repay - as I understand it everything goes into the bankcrupcy equation? Regarding SARN - stuff I am in doubt about as although have all paperwork from repossession period all old mortgage docs (18 years) are not immediately accessible (archived in a loft somewhere)and my memory - I'm getting on a bit - fails me as to MIG. This was originally a 100% Leamington Spa endowment mortgage supposedly later converted to repayment. Can find no reference to Money Judgement Order - would that have been at time of repossession? Does the Statement of Account requirement on Mark Amos's sample SARN mean final statement because I need to get all the old records - this stitch-up goes way back. Going down the SARN route should I include the relevant questions from the second half? Or do the first bit to protract matters? Did say I was confused.
(posted 7160 days ago)

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