20 Apr 2012 6:38 PM:
Maria & Mike T
We are in the same situation wherefore we can no longer cover the payments we make each month, We have spoken to the bank previously, however when we said we can't afford to send the money to cover the mortgage anymore, there answer to that was "but you have to" but the bank has recently changed from Bancaja to Bankia, so I wondered if with them been a larger bank they may have more options.
When we were late sending the money, they then charged us for late payments, making a bad situation worse & now the mortgage payment has gone up!
Can you PM me also & advise of the legal options that maybe available to us?
I have e-mailed the bank & advise them of the situation, but as yet I haven't had a reply.
We are trying to keep our payments up to date in the meantime as I have heard that if you are in arrears the bank will not entertain you, but we are now nearly out of money & borrowing from family & friends to make these payments, which seems we are just putting off the inevitable & would rather borrow money for legal advise to bring this complete nightmare to an end.
Thread:
Handing back your property
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