Hi, so after trying to figure out how to sort this mess out, crowdfunder is my last resort. My father passed away in September 2024. Whilst sorting out his letters we came across A LOT of letters from a credit company, some opened, some not.
We opened these letters and they were outstanding arrears on the house! My dad had remortgaged the house previously for a business loan, transferred the house in to my mums name and took out an interest only mortgage.
The mortgage term ended.. in 2019! It turns out he continued to pay the interest since then and didn't tell us anything about this.
I have been on to the credit company and explained the situation and literally begging them to give us time whilst we try and sort this mess out and to prevent the house from being repossessed and my mum out on the streets.
We are at a loss at what to do, I have even tried to remortgage my own house but there is not enough equity in it yet.
I am reaching out ashamedly and hoping I can get some help to pay off the credit company £181000! This is the the sum it is at now and I can’t imagine how much higher it will get. This is a very stressful time, I miss my dad so much but at the same time I can't help but feel a little hatred towards him for the mess he has left us in
I really don’t know what else to do and with your help no matter how big or small it will be greatly appreciated