Stopping Repossession

Can a home repossession be stopped?.

If you receive a notice of intention to repossess or threat of court action it's not too late to halt proceedings so long as you know what those processes are and what they mean.

Once lenders or courts know that you're taking serious action to resolve the problem via a professional company like DCM Money Solutions then they're more likely to suspend proceedings to allow a short period of time for a solution to be found.

 

A common solution is to sell the property quickly and this is where property cash buyers come in. They even operate schemes where you can sell and rent back your home.

 

 

What if my house is repossessed?

If your home is repossessed it will be sold on quickly by the lender and any shortfall between the sale price and outstanding mortgage and arrears will be sought from you. If you are unable to meet this payment then one of the consequences might be bankruptcy.

Stopping repossession orders is something that requires knowledge and experience. At DCM we've been stopping repossession orders on behalf of clients for many years.