Hello my name is ***** ***** I will help you with this.
Have GE applied for possession yet please?
Yes. they have a possession order
Ok - when was the order granted?
3rd September for eviction to take place on the 15th
Ok - its bad news I am afraid.
GE Money have a secured debt. The right exists in the contract that they are entitled to possession in the event of default.
The court can't prevent a creditor from excersing their right as a creditor to take possession of what is a secure debt
Whilst HSBC and the OR may agree to postpone any possession
GE clearly have not
Sadly you can not make them
So what can I do to prevent this?
The fact remains is they have a secure charge and they are entitled to possession
I agree, it is not fair but sadly you can not stop them
You can't do anything
You can try and appeal the possession order but sadly I just think that will delay the invetiable
They have a secure charge - by law they are entitled to possession
High Street lenders are quite reasonable
But people like GE money just use this type of event to make money and get higher charges
Sadly its wrong, but the law is not on your side
If there is a debt which is secure the Court must give possession
I am sorry that this is not the answer you want and certainly not one I want to give you, but I have a duty to be honest
Thank you for your time
If you can show that you can pay the regular monthly payment plus a sum towards the arrears, you could apply to suspend possession
But if you can't afford the monthly repayments then there is no point even making an application
Can I clarify anything for you about this today please?
What is the name of the suspension court document?
So I can try and put a hold on it