We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
reposseison question
shellnapier
Posts: 505 Forumite
ok so say your house is reposed one day and u r given the chance taht day to get togher the money you owe but cant.. so house is reposed..what are the chnaces of getn to sort out some sort of arrangment to pay of money owe,d wihtout loosing house, taking it accout only have a yr left before house would be payed off in full....
and then if not...would you get the differnce back if they did seel house??
and then if not...would you get the differnce back if they did seel house??
"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.01
Gina Shoe Challange - £150 14 days - day1 £3.01
0
Comments
-
Mine's a double brandy:beer:0
-
Why would that be?
...............................I have put my clock back....... Kcolc ym0 -
You need to go to court and persuade the judge not to allow the repossession. If that fails you can sometimes come to an arrangement with the lender before a sale happens, but far easier to come to an arrangement before repossession.
If the lender does sell it, you get back any equity after the mortgage is cleared, including any charges, arrears, interest and selling costs.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 -
thanx for usufuly post not the others"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.010
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards