Welshchick
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If it is an unsecured loan, then they cannot use your home, also, if the loan was only in his name, there is no way they can claim the loan off you either!
The only leg they have got to stand on is if he lied on the application, but with him dead, there is not much they can do about that either! |
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KB
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An unsecured loan is not attached to one's property therefore I am fairly sure that the creditors have no legal claim on your house. They may, however, be able to make a claim on the £800 that was in your late husband's bank account.
I would go in the first instance to the Citizen's Advice Bureau who should be able to clarify the point. You might also want to ring around the solicitors in your yellow pages and see if any of them offer a half-hour consultation for a nominal fee. Many of them do this. They would then be able to advise you and if you then need a letter writing to the creditors I don't think they'd charge a huge amount for doing that.
I am very sorry for your loss and for the additional trauma this heartless company is putting you through. |
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graham f
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firstly i`m so very sorry for ur loss. my thoughts are wiv u. ok go to the citizens advice. i`m pretty sure u wont have to pay this loan back. the c.a.b. have a financial team that will be able to help u. it`s awful wot is happening to u. but again i`m pretty sure ur husbands debt is not ur problem. the lenders should be completely ashamed of themselves. grieve for ur hubby and don`t worry about the debt ok. i`m sure it will be written off once u see the c.a.b. |
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Silke
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I'd go to any reputable high street solicitor and ask them to sort it.
Sometimes you have a free legal service with your household insurance, check that.
They can only claim it from your husbands estate. Not yours. |
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logan
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HIS NAME ONLY ......UNSECURED....... NEXT TIME THEY CONTACT YOU TELL THEM THEY ARE GETTING NOTHING ..... NOW F*** OFF |
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Mephistopheles
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Since the loan your late husband took out was NOT secured against your house, and any debts your late husband had die with him - then the lenders are NOT legally entitled to try to attach a charge on your home to pay off this now defunct debt. Tell them to go to hell. |
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derek
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His executor should take an accounting of all his assets and liabilities.
One of the responsibilities of the executor is to make sure the debts are paid before assets can transfer to the heirs. |
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duncanjfield
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you need a solicitor.
The solicitor will need to know:-
was there a will
how was the house owned (jointly or in his or your name0
Joint tenants or tenants in common.
Was the life policy in trust or not.
What were his other assets.
full details of the loan, including copy of the loan agreement.
then and only then can you get a definative answer |
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Vicky
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If it is unsecured there is nothing they can do with regards to your house, it is against the law. I would check if it is definitely unsecured first because some companies are quite sneaky and dont make it totally obvious if it is secured. You need to go to http://www.landreg.gov.uk/direct/Default.asp and register there and you can do your own Land Reg. If you are struggling with this then email me and i can have a look for you as i have access via work! Sorry to hear about your husband too X |
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Sandee
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I'm very sorry your husband died, especially being so young. You are very vulnerable at the moment although you may not think so. You say the loan your husband took out was unsecured. This is good news for you because the lenders CANNOT use the equity in your house to get it back. You are a woman on your own, no man to back you up and you will find there are loads of rip-off merchants out there because of this. You make sure you get a Solicitor pretty d*** quick. It won't cost you a lot - DO IT! |
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scallywag
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I'm sorry about your loss. I'd suggest you go to your local citizens advice bureau and they'd be able to advice you and their service is completely free. But as long as the loan was not secured on your property, there's nothing the creditors can do. Also, the loan was in his name only so it's not your debt and they can't force you to take it on. I wish you all the best. |
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