People seem to think that if the house has been repossessed, the debts die with it. That’s far from the truth.
However the Limitation Act 1980 may help you because there is a time limit for which a creditor can pursue a debtor. In respect of “normal” debts that period is 6 years.
In respect of a mortgage which comes about by deed, that period is 12 years.
The timescale runs from when the debt was last acknowledged and that means either promising to pay or making a payment.
That could be why it is now flagged up after 12 years.
If it’s been 12 years since your last payment, then you may consider ignoring this to see if they go past the 12 years and then tell them that they are out of time.
If you have not admitted that you owe any money and you haven’t made any payments in the interim, then in my opinion, the timescale would run from when you last made a payment.
Can I clarify anything else for you?
I am happy to answer any specific points arising from this.
Please take a moment to look at the top right-hand corner of the page and rate my service by clicking one of the stars at the top of the screen.
You may need to login again to use the rating service.
It's important that you use the rating service because that gives me credit.
It doesn't just give me a pat on the head! It's what gets me paid!!
There is also an experts incentive scheme whereby the more 5 star ratings I get I do actually get a pat on the head!
All you need to do is press Submit.
If you still need any points clarifying, I will still reply because the thread does not close.