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Response to what happens next
from Lamps (Lamps@btinternet.com)
Hi Cath,
My first concern and the sole reason for any advice is that you keep
your home! After all its where you live. You must be able to
demonstrate in the event of any future attempt by any party to
deprive you of this home, that you have taken reasonable steps to
communicate to the lender your problems in payments. You must also
show that you have asked for help from the lender concerned. ASK
about shared ownership and mortgage rescue schemes. ALWAYS in
writing! DON'T do it by phone (You may need records in the event of a
hearing). No judge will allow a repossession if a lender hasn't first
tried to resolve it outside the courts. MAKE THE LENDER HELP YOU!
Good Luck!!!
(posted 9293 days ago)
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