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T O P I C R E V I E W
Shabana
Posted - 07 March 2012 : 14:45:16 I had a property repossessed 8-9 years ago, and have now bought another property. I have just received a letter today advising that I owe £130,000 from the old property. Am I still liable for this as I have made no payments or had any contact with them so have not acknowledged the debt.
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 07 March 2012 : 16:21:08 There is a 12 year window for mortgage debts so you are liable.
Is there are equity in your current property? Do you have any other debts?
Please speak to an expert on here or visit the CAB for advice on your options.