GMAC/Wave lending- repossession **Tried twice we won both**

[lizzyjc]

hi.i am new and dont know what to do.i am in need of urgent help.we have a repossession date for this thursday at 10.00 am.i have just submitted a n244 form to the court and i have a hearing wednesday morning at 9.45.i have submitted a new offer as we have 6,000 pounds towards our 10,000 pounds arrears.has anyone been to anything like this with any advise as to what to say etc.

any help greatly received.

good luck to all in similar circumstances

xxxxx

[OLIVE.FAMILY]

Hi there lizzyjc and welcome to the forum. We are all here to help and advise.

 

First things first you will need to start a new thread. You can do this by pressing "new thread" on the previous page(were the list of threads are" give yourself a title and you will be seen

 

olives xx

[lizzyjc]

hi.i am new so thanks for all those who have got me started.basically to cut a long story short we have an eviction date for this thursday at 10.00.i submitted a n244 to the court today and got an emergency hearing for wed a.m at 9.45.my arrears stand at 10,000.i have managed to get 6,000 towards them and hope the judge will go in my favour.any help gratefully received,i.e what to say when i attend etc

thanks

[Ell-enn]

Hi there, what did you put in part 10 of the N244 (i.e. what were your payment proposals) and did you enclose a budget sheet with it.

 

Also, have you paid the £6,000 yet?

 

Ell-enn

[lizzyjc]

no i haven't paid it as scared thet will just repossess and i will need it if they do.

i put down to pay the 6,000 that very day and to pay an extra 100.00 on top of monthly payment,i did submit a budget sheet.i asked for a suspension or at very least a postponement.

thank you.

xx

[Ell-enn]

Hi there, if you can show that you are able to maintain payments towards the arrears then you will not be evicted. It is important that you pay the £6k asap though, as this will show the judge you are serious about it. Going into court and saying you can pay £6k but only if you are not evicted won't look too good - how does the judge know you've got it?

 

We can then do a witness statement to take to court on the day, if you can prove you have paid the £6k you will have no problem getting a suspension.

 

Kind Regards

 

Ell-enn

[lizzyjc]

so you think i should pay it now or take a bankers cheque with me to the court???

what is a witness statement??

[Ell-enn]

Re witness statement - have a look at post 33 on this thread http://www.consumeractiongroup.co.uk/forum/repossessions/159005-restored-hearing.html this is an example of a statement to take to court.

 

I do think you should pay the £6k asap. Can you do it over the phone? and then get a bank statement on Wednesday to show the payment? you could take that to court.

 

Ell

[lizzyjc]

yeh i could do that.do you think i stand a chance?/

thanks for all your replies by the way

xx

[Ell-enn]

If you pay that amount off your arrears before the hearing then you stand a much better chance than most people who are under threat of eviction. I would be VERY surprised (stunned even!) if the judge didn't rule in your favour.

 

Before drafting a statement for court I just need a bit more info

 

Did you attend the original repossession hearing?

Is the mortgage in joint names?

Do you have a full time job?

Do you have any children living at home?

 

If you can answer these, I will start to draft the statement for you

 

Kind Regards

 

Ell-enn

[lizzyjc]

no we didn't attend the original hearing.

it is in joint name swith my hubby.

i dont work but hubby does full time

two kids one aged 3 one aged 12

thank you so much

[cat100]

Hi lizzyjc paying that 6k will help considerably.

You will be ok,your with friends who have been experienced what your going through. Please try not to worry be confident and calm everything will be fine .

Who is the lender?

What is the original monthly payment?

[Ell-enn]

OK, let me know when you have made the payment and I will finalise the statement. Which budget sheet did you use and did you save a copy? you will need it to go with the statement.

 

Ell-enn

[tonycee]

yeh i could do that.do you think i stand a chance?

 

Hi lizzy.

 

Not only will paying the £6k give you a chance, it will almost certainly swing the balance in your favour.

 

If you are looking for advice, take it from the people who have been there.

 

The Mortgage Co DO NOT want to repossess your house, but if we dont pay, they have no choice really. Its done to the best of us.

 

Listen to Ell-enn she is a real diamond, and i promise you she will help you through this. But just as importantly, you must help yourself.

 

Try not to worry to much, it will be quite civil, and painless.

 

Best Wishes.

 

TC.

[lizzyjc]

OK, let me know when you have made the payment and I will finalise the statement. Which budget sheet did you use and did you save a copy? you will need it to go with the statement.

 

Ell-enn

 

thank you so much everybody.

we are with wave lending limited.

our monthly payment is 987.00 pm

i have a copy of the budget sheet

xxxx

[Ell-enn]

OK, just let me know when you have made the payment:)

[lizzyjc]

ok i will do it tomorrow if you are sure it would be best to pay before the hearing

xx

[vickson]

Lizzy were you with GMAC before, did you originally take out the mortgage with Wave lendng?

Try not to worry you will be ok.

[lizzyjc]

hi yes i was.then suddenly we were with wave

[Bona]

Seriously pay the £600 and Ell-en wil,l do a statement you will be fine honestly

[Ell-enn]

ok i will do it tomorrow if you are sure it would be best to pay before the hearing

xx

 

I'm sure - I know it will feel hard to do, but it will give you so much more leverage at court as you will be proving you a) have the money and b) are committed to reducing the arrears.

 

Ellx

[lizzyjc]

vickson said:

Lizzy were you with GMAC before, did you originally take out the mortgage with Wave lendng?

Try not to worry you will be ok.

 

were you with GMAC??

 

Bona said:

Seriously pay the £600 and Ell-en wil,l do a statement you will be fine honestly

 

thank you

xx

[lizzyjc]

hi.just thought i would tell you all that i telephoned my mortgage company to make the payment the day before the hearing.They agreed it was sufficient to stop the eviction,so i didn't have to go to court.I know it sounds cheesey but it's never too late to talk to your lender.

 

thanks everyone who emailed .

xx

[cat100]

Just check with court to make sure hearing was cancelled,has been known to go ahead,then they have a suspended order on you.

Well done.

[lizzyjc]

yeh i had to cancel it as i applied for it

thanks

xx