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Response to 3rd time round reposession- Not sure what to do?

from Dave McLaughlin (Dave@macker15.f9.co.uk)
Dont Panic is the first thing......No Judge will grant possession if there is the slightest chance of u maintaining the payments, plus a small amount off the arrears. Have you considered asking the Bank to Consolidate the mortgage....... Roll the arrears into the capital owed and base the new monthly payment on this figure, thereofre avoiding the higher payment trying to pay off the arrears. BEst of luck.....Ive been there but didnt have the support of sites like this.....my repo was back in 92 and the net wasnt so well populated .....Lee hadnt as far as I am aware started this site.... Dont give up!!!
(posted 8325 days ago)

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