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Response to If someone hasn't paid a mortgage for over 6 months, how long when the court and mortgage company are involved will it take for the house to repossessed

from M Amos (idgroms@hotmail.com)
Chantel,

I think it would be impossible to speculate how long the repossession process would take, if indeed it went ahead. This would depend on the circumstances of each individual borrower, the policy of each individual lender and whether or not the court would actually agree to an immediate repo, they might grant a suspended repossession order for example. There is more specific info on repo procedure on a posting dated April 09, 2003 entitled "repossession process". In short no one can say for sure how long it would take, sorry.

Mark.

(posted 7574 days ago)

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