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  • FIRST POST
    northenmonkey
    Repossession Advice
    • #1
    • 30th Aug 10, 7:06 PM
    Repossession Advice 30th Aug 10 at 7:06 PM
    Hi,

    We are way behind with our mortgage repayments due to losing my job, not entitled to any goverment scheme.
    The mortgage lender has given us until the end of the month to sell via ourselvels, otherwise they will begin repossession actions.
    My partner and I have other unsecured debt, are we best looking at handing the keys back and going for a IVA or bankrupt?
    If we let the lender repossess the house via the courts when do they stop adding fees and intrest to the account?
    When they reposses it or when it is sold on?

    Any advice is great

    Thanks
    Northern Monkey
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