Eviction due to secured loan

gerryscot

Due to my disability i am currently on oxygen waiting for a lung transplant. I have no arrears on my mortgage payments however unfortunately i am unable to pay the monthly payments on my secured loan i currently have with Black horse finance. They are aware of my severe health issue's however the only communication i receive from them is in the form of sheriff officers. I received a letter from them this morning informing me they will evict me from the property next week.

Can anyone please offer me some urgent advise!!!!

yelf

could you change your mortgage to interest only and use the difference to pay the loan? Or how about a remortgage to release enough to pay off the loan?

theoretica

Do you have a court order against you? The experts on evictions are the charity Shelter who have a 9-5 advice line on 0808 800 4444

http://scotland.shelter.org.uk/getadvice/advice_topics/repossession/arrears_on_secured_loans_and_second_mortgages

Good luck!

Mrs_Bumble

Give Shelter a call, good luck.

gerryscot

yelf wrote: »

could you change your mortgage to interest only and use the difference to pay the loan? Or how about a remortgage to release enough to pay off the loan?

I currently on a interest only mortgage, I'm looking into the scottish goverments mortgage to shared equity scheme at the moment
Thank you for your advise.

gerryscot

theoretica wrote: »

Do you have a court order against you? The experts on evictions are the charity Shelter who have a 9-5 advice line on 0808 800 4444

http://scotland.shelter.org.uk/getadvice/advice_topics/repossession/arrears_on_secured_loans_and_second_mortgages

Good luck!

Yes I do have a court order against me, they continued to proceed with the court action despite being advised that i was in hospital. Received letter yesterday saying eviiction was taking place on next tuesday.

Mrs_Bumble

gerryscot wrote: »

Yes I do have a court order against me, they continued to proceed with the court action despite being advised that i was in hospital. Received letter yesterday saying eviiction was taking place on next tuesday.

Have you spoken to Shelter?

Did you attend court (or a representative on your behalf) to contest the court order due to your health, judges usually sympathetic to this?

Mrs_Bumble

Oh and are you receiving all benefit entitlement at the moment?

sharpy2010

It sounds like the OP has a genuine reason.

I would now suggest that I am not going to reply to any of your further comments, and would also respectfully suggest to others that they do the same.

theartfullodger

Getting back to the original question from the OP.

He's in Scotland....
a) 'phone the sheriff court from where the court papers came & talk to the Sheriff Clerk & see, (long-shot) if there is anything he can suggest..
b) Contact Shelter Scotland as suggested earlier... see what they suggest
c) And the lender and explain the situation & request they stay the sheriff's officers action due to your being in hospital & your health: And would the publicity be good for business.....
d) Try your MP, councillor,

Best of luck mate!! We (well, almost all of us,,,) wish you better & best of...

Cheers!

Lodger

OnceUponADream

OP just a thought you might want to post this question in the Debt Free Wannabe board as well as there are some great people over there as well that know their stuff.

Good luck x