Bank Repossessions

Don't Let Them Take Your Property

The Repossession Stopper can help you to stop an impending eviction, whatever stage of the process you find yourself in:

If you have missed mortgage or loan repayments and fear repossession - We can help!
If you have received a court date, it is not too late! - However if you do not act quickly then you could find your home being repossessed!
• Even if you have been to court and have already handed over the keys to your home, as long as the property has not yet been sold then it is not too late to stop your repossession!

Bank Repossessions

Bank repossession will happen where your monthly mortgage payments are not being met on time. Repossession proceedings can happen very quickly following arrears on a mortgage account. The bank has the right to do this if it feels that you are unable to clear the arrears and keep up to date with your mortgage payments. In many situations where payments have been missed on the mortgage, an arrangement can be made with the bank to clear the arrears over a fixed period of time. This will usually involve making overpayments on a monthly basis over a set period of time.

Bank repossession happens to many people everyday throughout the country. Unfortunately a lot of these unfortunate people do not realise that they do have options. Generally the banks will try particularly hard to help. Bank repo is messy business but we can help.

If this arrangement cannot be made, or the bank feels that you are not taking a proactive stance to resolve the matter, then they may approach the county court to seek a repossession order. A court hearing will involve the borrower attending and there can be a number of different outcomes:

- The case will be adjourned and you will be given a new date for your hearing.
- The case will be dismissed or adjourned indefinitely. This will usually only happen following full payment of the arrears.
- The lender will be granted with an order for possession which can give the lender the right to possession after a fixed period
- The courts will suspend the repossession order. The order is suspended pending payment of the agreed amount to clear the arrears and of the current monthly mortgage payment.
- The courts will grant a possession warrant or notice of eviction. This will happen if you have not abided by the courts ruling following the suspended repossession order or the order of possession has passed. An eviction date will follow

We can help stop repossession, whatever the outcome from the courts. The earlier we get involved, the more chance we can stop the bank repossession.

If you have been threatened with repossession you need to act now to stop this from happening, complete our quick form here and we will do our best to help you.