At 2 months arrears, this company AUTOMATICALLY refer the matter to Eversheds. E will issue proceedings for possession based on the arrears - you have 3 alternatives:-(posted 8317 days ago)1. Reduce the arrears below 2 months immediately and before they issue the proceedings. That will halt the issue of a summons. Advise GMACRFC that you are paying and confirm they have the payment and have stopped the proceedings.
2. If you cannot pay the arrears and the summons is issued, pay the money before the court hearing and then YOU MUST go to court, I stress, YOU MUST ATTEND, and the Judge will dismiss the case but you will have to pay costs - about £300
3. If you still have arrears when the summons is issued, fill in the admission and attend court as per 2 above, and what will happen is that the possession order will be suspended upon you paying x amount plus the current monthly mortgage payments.
If you end up with a possession order, this does not mean a black mark against your record because the whole matter is suspended. If you do not then pay, you lose your home as the order for possession is enforced.
You do not need a solicitor and the court hearing is approx 6 to 8 weeks away. Use that time to reduce the arrears or clear them.
Hope this helps - if you need further - please e-mail me.