If a bank agrees to allow you to sell your home for less than the mortgage and they do nothing about the NE, just leave it lie, with no agreement or correspondance. On what grounds can they come back later.
Specifically can they resurrect it after 5 years and 11 months (by sending you a letter for example) or do they have to issue proceedings.
Is the letter sufficient if not acknowledged.
Specifically can they resurrect it after 5 years and 11 months (by sending you a letter for example) or do they have to issue proceedings.
Is the letter sufficient if not acknowledged.