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Good Afternoon
Wondering if anyone can give an opinion on my situation please?
I lived with my ex partner until May 2005, in March 2005 I jointly signed as the second signature on a secured loan with Welcome Finance. I did not own the property, the mortage was solely in his name, he purchased the house before he met me.
We spilt up in May 2005 and I left to move home with my parents. To my knowledge he then made himself bankrupt and the house was repossessed at which point i assume secured debts were [aid first. I have had contact from solicitors and various debt companies on behalf of Welcome Finance since February 2009 at which point i instructed a solicitor to liaise with. He last wrote to another of these legal companies in July 2009 stating that i never actually owned the property. Since then nothing until last week when another, different, legal firm contacted me staing that they had proof of me signing the form and asking for payment.
Were do you think i stand with lmitations act being that in March 2011 it was six years since i signed up for the secured loan and they have not issued any proceedings in that time?
Any help/advice greatly appreciated?
Thanks
Wondering if anyone can give an opinion on my situation please?
I lived with my ex partner until May 2005, in March 2005 I jointly signed as the second signature on a secured loan with Welcome Finance. I did not own the property, the mortage was solely in his name, he purchased the house before he met me.
We spilt up in May 2005 and I left to move home with my parents. To my knowledge he then made himself bankrupt and the house was repossessed at which point i assume secured debts were [aid first. I have had contact from solicitors and various debt companies on behalf of Welcome Finance since February 2009 at which point i instructed a solicitor to liaise with. He last wrote to another of these legal companies in July 2009 stating that i never actually owned the property. Since then nothing until last week when another, different, legal firm contacted me staing that they had proof of me signing the form and asking for payment.
Were do you think i stand with lmitations act being that in March 2011 it was six years since i signed up for the secured loan and they have not issued any proceedings in that time?
Any help/advice greatly appreciated?
Thanks
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