Repossession Order
An Outright Possession order means you are required to vacate the property within the date stated on the order
An Outright Possession order means you are required to vacate the property within the date stated on the order. Court Bailiffs can enforce the eviction if you do not vacate the property 4 weeks after the date of the hearing.
A request for an extension can be made depending if your circumstances are genuine. Once the court order is issued, your lender has the right and the authority of the courts to evict you.
If you reach an agreement to clear your arrears and bring your payments up to date within the time scale and agree to make regular payments, your lender may decide to let you stay or evict you depending on your payment history.
If you do not stick to the conditions and break the terms of the order, the Possession order is activated and your lender can request the court to sends in the Bailiffs.
A request for an extension can be made depending if your circumstances are genuine. Once the court order is issued, your lender has the right and the authority of the courts to evict you.
If you reach an agreement to clear your arrears and bring your payments up to date within the time scale and agree to make regular payments, your lender may decide to let you stay or evict you depending on your payment history.
Suspended Repossession Order
A suspended possession order normally means you will be permitted to remain in the property
A suspended possession order normally means you will be permitted to remain in the property provided you maintain mortgage repayments plus pay an agreed sum towards the arrears on top of this each month set out in the order.If you do not stick to the conditions and break the terms of the order, the Possession order is activated and your lender can request the court to sends in the Bailiffs.
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