Nemo - Repossession hearing please help***SUSPENDED***

[isoprox]

Just wondering has anyone ever used the company before?

I was considering using them to help me stop an eviction notice from a secured loan company

[Ell-enn]

I expect they will be charging you for this ? There's no need to pay for it, they can't do anything you can't do yourself with our help - we have a guide in the home repossessions forum and we can help with the forms and statement etc.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?325527-CAG-guide-Are-you-facing-eviction-or-repossession this is our guide to stopping eviction/repossession. The forms and statement etc is exactly what the company will use and charge you for it !

[isoprox]

Yes they are you helped me last time Ell-enn back in 2013

I went to court and got a suspended order,

 

 

however I have missed payments due to leaving my old job through depression

also with missing payments I agreed to pay more on top of the agreed payment

which I actual fact is was causing more strain on our already financial circumstances

[Ell-enn]

Are you working at present ?

 

You haven't signed anything or instructed that company to do any work for you ?

[isoprox]

Hi no I haven't I just spoke over the telephone yes I am working full time

[renegadeimp]

Drop all ideas you have of using that company. Ell-enn will be able to guide you through things again

[Ell-enn]

Have you received an eviction notice yet ?

[isoprox]

No not yet spoke with the lender today who said the have instructed their solicitors today to start the process

 

 

just last week I offered the lender a proposal to pay back the £3,900.00 arrears over the next five months

but they wouldn't have none of it

 

 

I explained that several things had happened to me at the back end of last year

like my sister dying but to be honest there was no listening all they said was send us your bank statements

proving I wasn't getting paid

[isoprox]

To be honest I would have struggled with the amount which was £1,069.00 per month including the normal payment plus I have my main mortgage company to pay £442.00 per month

[Ell-enn]

Ok, a few questions:

 

Is your main mortgage up to date?

How much is the normal monthly payment on the secured loan?

How much can you realistically affford to pay each month on top of the normal monthly payment? (you should only offer an amount which is sustainable going forward)

How long has the secured loan left to run?

Do you have any children living in the property?

[isoprox]

Ok our main mortgage we have kept up to date

however we have some arrears of about £1,000.00 on this

Normal payments on secured loan is £283.00

 

We could pay £150.00 over and above the normal payment would be tight but at a push we could do it

Not sure but I think about the Same as the the main mortgage about 10 years I think

 

We have three children

 

Also when I spoke with today I have asked them to send me out all the relevant paperwork

for the loan like copies of the original loan,arrears details including the charges that they have been adding for the arrears

[isoprox]

The reason I was asking about using the company I mentioned at start of the thread was because the thought of going back to the county court makes feel ill

[Ell-enn]

How much do they charge? whatever it is, it would be better put towards the arrears don't you think ?

 

If you have 10 years left on the mortgage then an offer of £100 a month would be OK I think. Using the Norgan case law it would take just over 3 years to pay the arrears back.

[isoprox]

I agree

[Ell-enn]

OK, I think you should start with a letter to the lender setting out your offer - there's a chance they might accept and cancel enforcement action, if they don't then we can use a copy of the letter in your court papers to show the judge you tried to come to an arrangement - it's worth a shot. I can draft a letter for you if you wish ?

[isoprox]

That would be good thanks

[Ell-enn]

OK, I will do it in the morning. In the meantime can you complete the budget sheet shown in post 2 of the guide I gave you a link to in post 2 above.

 

The budget sheet calculates automatically as you fill it in.

[Ell-enn]

Hi, is the mortgage in joint names ?

[isoprox]

Yes in joint names I will fill out the budget expense form today

[isoprox]

Just tried to open it its in excel format so I will have borrow a laptop/computer as only have a iPad at the moment.

[isoprox]

Just downloading excel app so might ok

[Ell-enn]

OK, will you be able to open the letter I'm doing - it's in Word - and also print it out ?

[isoprox]

I will download a word app, just received copies of the original loan agreement and account history also looks like they have added things on there for home visits but we have never had any at all

[Ell-enn]

OK, we will use the info about the home visits in the defence forms. Are you able to download and print out the N244 form ? (affixed)

[isoprox]

Exel app works fine with the budget sheet just waiting on the word app to download I should be able to use word app for the n244 form hopefully as soon as it's downloaded I will get straight back to you