CAN I STILL BE REPOSSESSED IF I PAID AREARS BEFORE COURT DATE?greenspun.com : LUSENET : Repossession : One Thread
Canyone please tell me of their past experiences or only if they are sure of their answer.
I have been set a court date for repossession of the property due to arrears. But, i will have it paid before the court date which is in 2 months time. WIll i still have to attend court even if i pay the arrears in full. Also, will the lender be able to repossess, or how will it work?
-- Tamer Elsherif (email@example.com), April 25, 2001
If you pay the arrears and costs before the hearing date, the lender will have to withdraw - no order for possession can be made if there are no arears to make it over.
-- D J Button (firstname.lastname@example.org), April 27, 2001.
Even if the property were repossessed you have an'equity of redemption' until the property is disposed of
-- roger watts (email@example.com), May 28, 2001.