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Really Really Scared as missed two payements on Mortgage
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Good on you for not burying your head in the sand and good luck with getting things back on track.0
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Well done. Cool employer too!
If it goes to a court hearing, you need to be there. However sweet the collections lady was, people do talk with forked tongues, you want to make sure the repayment plan that is rubber stamped by the court is the one you have agreed to. Without you being in court there is the risk that a lender could suggest you are not defending the repossiossion.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Please check that you are receiving any benefits to which you might be entitled. Look carefully at Tax Credits; Council Tax Benefit; there may be others.
Do you have a spare room? Could you get a lodger?0 -
Yes you should go and talk to the lender. If you can go to the branch where you took out the mortgage and speak face to face with the manager, they should advise you. Most of all, if you speak directly, you add a personal element and that should help. I remember speaking to someone in the mortgage business some years ago and he said that the problems only really start when people don't try to work it out with the lenders. They don't want to repossess - they are not in the business of owning or buying and selling property - what they want is mortgage payment income, and if you have to agree new payment amounts, then you should work together to do this. Good luck.0
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