About 15 years ago we had our first mortgage.To cut a long story short i became pregnant and wasnt entitled to any pay so we went under pretty darn quickly.The phone never stopped and awful letters every day sort of thing.We were only 21 and pretty scared.Didn`t blame anyone but ourselves though.
Anyhow we went to see a man at the bank who helped us sort out a repayment on the arrears.
When we fell behind again he insisted we had to sell our endowment to help pay off the arrears-we did.
One night about 8pm (i was upstairs getting ready to work a night shift ) there was an enormous bang on my front door.I was used to ignoring the door for fear of debt collectors ect, but this knock was so bloody loud i thought something must have happenned.I opened the door to my BANK MANAGER and a woman he introduced as someone else from the bank.He totally terrified me. I was on my own and agreed to whatever because he said we would lose our house.
Cant remember what the time interval next was but we agreed over the phone a few months later to give the bank the keys and they would write off the debt-but this chap had left by then. .Only now in wiser years of 36 ! am thinking whose bank manager calls at the house at 8pm and what about my lovely endowment.I was REALLY niave at the time ? Do you think i should look into it and if so to what gain.I actually became quiet ill afterwards and whenever i am anxious nowadays i cant answer my front door or anything-only recently put two and two together ?