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Independent Banking Advisory Service |
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Asset Recoveries UK Ltd has offices based in Manchester, Southampton and Hadleigh. IBAS has received a considerable number of complaints regarding mortgage shortfall debt claims generated through this company. Asset Recoveries (UK) Ltd are seeking to collect on old or aged National Home Loans mortgage shortfall debt and as Asset Recoveries procedures for collection appears to contravene OFT Debt Collection Guidance IBAS has raised a formal complaint to The Office of Fair Trading.
The OFT does not investigate individual complaints and therefore IBAS has raised a formal complaint with the OFT regarding Asset Recoveries (UK) Ltd - specifically on those cases, which IBAS now collectively represent. Often old (sometimes very old) mortgage debt is being claimed and 'chased' by lenders / their agents or those who have bought the aged debts. Pursuit of these claims for payment or in obtaining an admission of the debt by debt collectors or debt collection agencies can be vigorous and often appear intimidating. Our Mortgage Shortfall Debt Claims Unit has many years experience in handling and resolving mortgage shortfall debt claims.
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