I Was on the Telly Today - Horrible Fraudulent Eviction Story.
Jon Dow said, 1422116788
Studio36UK said
Jon Dow said
EdT said
Jon Dow said
EdT said
Sorry, your threads are just such good entertainment. False legalese, spouted as truth. And never any shred of evidence worth a penny.
Anyway, What do you actually do, Ed?
OU course on Law at the moment. It's why I find you so amusing. :)
AHA! I thought so! I was going to put money on you being a solicitor of corrupt law. And there it is.Thanks :)
ROTFLMAO
Studio36
Ed, do you know how many times I have ran rings around solicitors, lawyers, magistrates and the police, all in Civil matters? Eleven times. And I have only dealt with them in total eleven times. Little old me. On my own. No Law degree (sorry - "Legal Degree" - it's not Law, is it) and with a 100% record of winning.
I do love a good Legalese battle in court or out of it (both magistrates and county). It's their game. But why do I keep winning? I wonder.
[cut to fantasy "wibble-wobble" cutaway scene from Scooby Do - also found near the end of Wayne's World]
In fact, Ed, when you're all fully qualified, I'll go up against you. Any time.
Edited by Jon Dow
EdT said, 1422116732
I'm no solicitor, I have no intention of practising, I have an interest, that is all.
The little "victories" you post on youtube are usually no more than small delaying tactics.
Jon Dow said, 1422117090
EdT said
I'm no solicitor, I have no intention of practising, I have an interest, that is all.
The little "victories" you post on youtube are usually no more than small delaying tactics.
Hehe "back peddle BACK PEDDLE!!! Shit! I dropped the oars!!! Eeeek!!"
Oh no.... NONE of the "eleven" are on YouTube. These are different matters. Well, the speeding ticket fraud will be up in a few weeks, when I have had time to edit it, and there's one more ongoing one with the local Caansul, but I repeat NONE of the 11 civil matters I spoke about are on YouTube.
Edited by Jon Dow
Jon Dow said, 1422117192
KD Images said, 1422117809
It is laughable anyone pays a mortgage and doesn't know if he's paying interest or capital and ignores 7 years of annual statements showing his outstanding balance.
Jon Dow said, 1422118399
KD Images said
It is laughable anyone pays a mortgage and doesn't know if he's paying interest or capital and ignores 7 years of annual statements showing his outstanding balance.
Not another one. Go read and watch the videos. Then you'll understand.
Jon Dow said, 1422118563
EdT said
I'm no solicitor, I have no intention of practising, I have an interest, that is all.
The little "victories" you post on youtube are usually no more than small delaying tactics.
Hey, Ed, do they cover this on the syllabus on your OU course?
https://www.youtube.com/watch?v=Mvay6gSNOOI
DigiSnapper said, 1422118737
God there really are some smug, opinionated tossers who don't have a shred of humanity about them on here. Wow - keep laughing, fella!
gravitas said, 1422125513
Nick L said
While ch 5 show us videos of benefit cheats, another 1.1 trillion euros was pumped into the European banking system last week and we barely raised an eyebrow. Who does this benefit other than bankers? This story (albeit tragic) is another example of the banking system clawing back its debts.
the proletariat is not interested in news like this - they have their heads in the sand when it comes to the big deals, preferring to talk about benefit cheats or bloody foreigners stealing jobs - led by the nose by the press.
Cornerstone said, 1422130402
Having read the story on the Daily Mail I must confess to being a bit confused when reading the OP.
I can see a sum of £41,800 but not the £35,000 stated and I see that an endowment mortgage was taken out 27 years ago.
Are you saying that the type of mortgage changed 6 years ago, or that they found out 6 years ago that the mortgage was changed to interest only when they believed it to be paying off the capital?
Endowment mortgage to me implies you pay off monthly amounts and then a final sum has to be paid off, which is funded by additional payments to another party
Jon Dow said, 1422181008
Cornerstone said
Having read the story on the Daily Mail I must confess to being a bit confused when reading the OP.
I can see a sum of £41,800 but not the £35,000 stated and I see that an endowment mortgage was taken out 27 years ago.
Are you saying that the type of mortgage changed 6 years ago, or that they found out 6 years ago that the mortgage was changed to interest only when they believed it to be paying off the capital?
Endowment mortgage to me implies you pay off monthly amounts and then a final sum has to be paid off, which is funded by additional payments to another party
There were a lot of different figures and dates floating about, and the figures are sometimes quoted with and without interests. Tom has the proper figures and some of mine were a bit out. I don't mind holding my hand up for getting bits wrong.
Either way, Tom and his family were due to have paid in full on the 300th installment with no massive end payment to speak of. the bank changed it to suit their gain needs and to cook their books. 'Power of Attorney' inside a mortgage is never supposed to be used in this extreme way and sadly, it is happening all over the country. And in America too.
:)
Forest Moon said, 1422182744
Jon Dow said
Cornerstone said
Having read the story on the Daily Mail I must confess to being a bit confused when reading the OP.
I can see a sum of £41,800 but not the £35,000 stated and I see that an endowment mortgage was taken out 27 years ago.
Are you saying that the type of mortgage changed 6 years ago, or that they found out 6 years ago that the mortgage was changed to interest only when they believed it to be paying off the capital?
Endowment mortgage to me implies you pay off monthly amounts and then a final sum has to be paid off, which is funded by additional payments to another party
There were a lot of different figures and dates floating about, and the figures are sometimes quoted with and without interests. Tom has the proper figures and some of mine were a bit out. I don't mind holding my hand up for getting bits wrong.Either way, Tom and his family were due to have paid in full on the 300th installment with no massive end payment to speak of. the bank changed it to suit their gain needs and to cook their books. 'Power of Attorney' inside a mortgage is never supposed to be used in this extreme way and sadly, it is happening all over the country. And in America too.
:)
I can't come down on one side of the story, or the other, without knowing the answer to Cornerstone's question, as a start.
AndyWilson said, 1422183700
You can't change a mortgage from "fixed term" to "endowment" to "interest only"
They're all entirely different things,
The first refers to the term of the mortgage - how long it lasts an how many repayments. It makes no inference of whether the interest, capital or both will have been paid off at the end of that term.
An endowment policy is nothing to do with the mortgage lenders. It's a savings policy taken out by the borrower to pay off any capital owing at the end of the term. It's an investment policy so may or may not (normally not nowadays) realise enough to pay off the debt.
An interest only mortgage is one where you only pay off the interest on the sum borrowed monthly and at the end of the term you have to pay off the original amount borrowed. The common way of doing this used to be with an endowment policy. If you want to be 100% guaranteed to have paid off the entire debt at the end of the term you need to repay both capital and interest, probably with a repayment mortgage.
So - something's very wrong with the reporting of this...