Are you facing repossession? As soon as you have received a letter from your Mortgage Lender advising you that they are commencing legal action you need to take action fast. You need to speak with your mortgage or secured loan company and try and negotiate payment terms with them.
At Lender & Court Services Ltd, we find that many of our clients have tried this and the lender is not prepared to accept any of the offers that they have made. We have found that lenders are more frequently asking for large lump sums or monthly payments higher than our clients can afford.When facing repossession, whatever the circumstances it is very important that you don’t just bury your head in the sand and think that the problem will go away, it will only get worse and make it more complicated in court or when you speak to your lender. All that said we can help in most cases and we find that it’s normally not your fault but life has just caught up with you and as such you have fallen behind with your payments.
Mortgage Arrears is a vicious circle and it’s never easy to get out of it – To really get your head above water it’s very important that any negotiation is properly affordable and sustainable in the long term.
“I have been given a court date, How can Lender & Court Services Ltd Help?”
Being sent a court date means that your mortgage lender wants to apply to the court for a Repossession Order at a court hearing. The outcome of this court hearing is dependant on the individual circumstances of your case. However, if you have fallen on hard times, and now you are getting back on your feet as long your case is presented clearly and you can prove that you have an income and can afford your normal mortgage plus a small amount towards the arrears, it is likely a suspended possession order will be granted with a first hearing.
“Is it too late for Lender & Court Services Ltd to help me if I have been sent a Possession Order?”
It is never too late for Lender & Court Services Ltd to help with your home being repossessed , but you need to call Lender & Court Services Ltd straight away. The longer we have then the more chance there is of saving your home.
“Can Lender & Court Services Ltd Really save my home?”
Mortgage and Secured Loan Lenders see repossession as a last resort and there are many ways that you can avoid repossession. regardless at what stage of the repossession process you are at, Lender & Court Services Ltd can help.
“How quickly can Lender & Court Services Ltd stop Repossession?”
Mortgage and Secured Loan Lenders see repossession as a last resort and there are many ways that you can avoid repossession. regardless at what stage of the repossession process you are at, Lender & Court Services Ltd can help.We have stopped repossessions where it has been literally the day before the repossession is due to take place. The more notice that Lender & Court Services Ltd get then the longer we have to draft your case, brief our specialist law firm, organise an emergency hearing and book your representative for court to get the repossession stopped.
“What is the last point Lender & Court Services Ltd can stop my Repossession?”
Lender & Court Services Ltd can stop a Repossession up to the day of the eviction taking place, depending on your circumstances however you must talk to Lender & Court Services Ltd as soon as possible.
“What is a Suspended Possession Order?”
A Suspended Possession Order is when the court rules that you have agreed to a payment schedule with your mortgage lender in court. This means you will pay your usual mortgage payment plus a small amount each month towards your mortgage arrears. If you break this court order then your lender can re-apply to court to continue with the repossession process, and it is likely that the Judge will not be as understanding and may rule in favour of the lender, depending on the circumstances.
“How Successful are Lender & Court Services Ltd at Negotiating with Lenders?”
Lender & Court Services Ltd have quickly become a recognised brand in dealing with people with mortgage arrears or facing repossession. We deal with Lenders every day in presenting our clients cases and establishing agreements to pay arrears over time, with a manageable and affordable payment arrangement.