Avoiding Repossession
Below are our 9 articles in the 'avoiding repossession' category:
This type of application is most likely to be made by a borrower who did not know about the court proceedings and / or the hearing at which the possession order was made.
When a court ...
Most courts list possession hearings in bulk. Each case is allocated five minutes but some inevitably take longer. Consequently a case might not be heard until much later than the scheduled time. ...
There are now many companies advertising their services by saying that they can stop eviction. Some of these companies offer to buy people’s homes, so that mortgage debts can be cleared, and then ...
The time to deal with the problem of arrears is as soon as a borrower first finds that they are struggling to meet their mortgage instalments. Lenders will often be very accommodating if a borrower ...
Mortgage payments often represent the largest item of monthly expenditure for a household. With the credit crunch biting and interest rates on many mortgages going up an increasing number of ...
Payment protection insurance – or PPI – has come in for a lot of criticism recently. Following an eighteen month investigation, the Competition Commission found serious cause for concern with the ...
There is much that borrowers can do to stop repossession. The most important thing is to take action as soon as it becomes clear that there are going to be problems maintaining payments. As soon as ...
Even once a lender has started repossession proceedings it is not too late for a borrower to sell the property themselves. A borrower is entitled to sell, or re-mortgage, at any time - right up ...
For many people, juggling debts is just a part of life. Re-mortgaging, transferring credit card balances from one zero rate introductory offer to another, robbing Peter to pay Paul. This might be ...
