This is very important to me.... firstly, this is a secured debt now and wasn't originally and does not fall under the DNR when it comes into law shortly. Secondly, it is a matter of prinicpal, originally this loan was for a small amount (5k) and at that time i had a payment plan and the original creditor still went ahead and got a personal judgment against me and then lodged the judgment against the property, he went to every effort to black list me.
Back in 2010 when that original company sold my debt (clearly they knew their business was in trouble), he sold the debt and to date this loan is still being serviced with the new creditor.
Checking all the old documents from the oringinal creditor, there seems to be alot of inaccurcies, no dates on letters, different company name who debt was being assigned too and alot of photocopied papers that look suspicious.
But most importantly, it is important i find out has the new creditor transferred this judgment property in their name and have the proper steps being followed....so when the loan is discharged they the new creditor can apply to the land registry and remove this.
And it is a big deal to me, that there is a company that legally has a judgment against my property and they nolonger own my debt.
Also, the original creditor when lodging the judgment on the property the fee was 200e and he added it onto my debt, that doesn't sound right??
By the way, the original company went into receivership feb 2011, can anyone tell me, how long receivership can last for??
I will be ringing the District court in the morning and ask has the new creditor transfered the judgments and i will ask do they have legally the authority to continue to collect this debt, that might clear a few things up.