If I come into money

4 posts Page 1 of 1
Post Reply
 
 

sylvia.b

User avatar
Posts: 1
Joined: Thu Sep 13, 2007 12:51 pm
Location:
Post by sylvia.b » Thu Sep 13, 2007 12:51 pm
Quote
If I come into money along the line do I pay the original amount or do I just pay the remainder of the agreement amount ie £200.00 x 60 months = £12000
Top
 
 

mikebdomain

User avatar
Posts: 1126
Joined: Thu Aug 23, 2007 10:03 am
Location: United Kingdom
Post by mikebdomain » Thu Sep 13, 2007 1:10 pm
Quote
Hi Sylvia_b and welcome to the forum

Based on answers from IP experts on similar question I would say that you pay the original amount

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker
Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager
Directly Authorised Firm FSA No:313790
CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care
Top
 
 

BECKY

User avatar
Posts: 298
Joined: Fri May 18, 2007 5:21 pm
Location: United Kingdom
Post by BECKY » Thu Sep 13, 2007 2:32 pm
Quote
From reading the forum I think if you came into money and it was enough to pay off the entire original debt then you would have to pay that over.
Top
 
 

Oliver

User avatar
Posts: 1854
Joined: Sun Sep 11, 2005 12:15 pm
Location:
Post by Oliver » Thu Sep 13, 2007 2:35 pm
Quote
You will always have to pay off as much of the debt (up to the full debt plus IP fees plus possible statutory interest)as you can.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
Top
Post Reply
4 posts Page 1 of 1
Return to “postbag for september”