Are you being threatened with repossession by your landlord or mortgage company? One Advice understands that the risk of losing your home can be a very frightening time.
We can help stop you being evicted from your home, whether you are a homeowner or council tenant. So please get in touch with us right away and we will do our best to stop you losing your home. One Advice will take details about your financial circumstances, such as your monthly expenditures and the amount that you owe on secured loans or mortgages.
If you have any questions about repossession please call our advisors on 0800 048 1752 or check our Repossession FAQs.
One Advice can compromise with your creditors and hopefully achieve a successful result to stop the repossession order being taken against you. We will try and prevent debts and arrears from becoming an issue that results in repossession of your home.
Even if the repossession proceedings have commenced there is still time before the repossession order will be enforced, and we may be able to adjourn the order giving you time to pay off your mortgage arrears.
We may also be able to help if your repossession has been granted and you face eviction. The main thing is that you must act now!
We can make your unsecured repayments more affordable to you. This means that you will have more money to make payments to your mortgage as well as catch up on any missed payments or arrears. Examples of how this can be done are through a Debt Management Plan or IVA.
An IVA could stop your home being repossessed. So if you are struggling with your unsecured debt, an IVA can reduce your outgoings to your unsecured debt meaning that you should be able to afford your secured creditor commitments, such as a mortgage.
Being issued a Possession Order or Eviction Notice does not mean that you will automatically lose your home. We can liaise with your creditors to try and stop any further action.
One Advice and offer your Free Repossession Advice. No matter how bad your financial situation is, the expert One Advice team will try and find a solution that is right for you. Call us free on 0800 048 1752.