Possible Reposession But Also Have Secured Loan On Property

I Group have issued a Court Summons for reposession of our property because of arrears. However, we have agreed to pay the arrears back over a certain period, which hopefully means we won't loose our property - unless the Judge decides otherwise. My Query however is! We have a secured loan on the property as well. What will happen about this. If there is equity on the property, and I. Group sell, will the equity go to the other secured lender? Any Advice would be gratefully received.

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