Any New Repossessions ?greenspun.com : LUSENET : Repossession : One Thread
Have you recently been repossessed ? I'm of the opinion that next year will see a big jump in the numbers of repossessed property, but I wanted to see if there are any newly repossessed people that have only purchased their property in the recent boom but have failed to keep up repayments in the last 8 months due to interest rate rises.
Please let me know.
Please note that I was repossessed in 1997, but had missed the very first payment (due to a cock up by the mortgage company) and therefore I cannot be captured now (14 years since date of first missed payment) and they have tried believe me :o)
-- John (email@example.com), November 21, 2004