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.
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.
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.
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.
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.
We provide a specialist service that tackles the issue directly. We will take a full and detailed account of your circumstances and provide guidance during this stressful time. We have a team of experienced advisors who will explain the process that we will go through in presenting a case to your Mortgage Lender. Our service should stop all further legal action and give you the peace of mind that you can keep your home and pay any arrears off at an affordable rate.
Firstly, in this financial market if you have mortgage arrears it will be very difficult for you to get a new loan. You could try, but an expensive loan on a high interest rate tends to worsen the problem, by adding more pressure and may increase the chance of your home being repossessed.
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.
It is always much easier to reach agreement with a Lender prior to any legal action and arrangements can be put in place more quickly.