Sentence examples for repossession process from inspiring English sources

The number of possession claims – the start of the repossession process – fell during the year to 148,043, the figures show.

The legislation must be simplified; in serious cases the repossession process should be accelerated, and the criteria for mandatory repossession extended – and not just as a kneejerk response to last year's city riots.

The repossession process is terribly inefficient.

This could have something to do with California's bank repossession process.

After a time, the bank is allowed to commence a repossession process that can result in the house being auctioned off to the highest bidder.

When applying the fine the FSA said it had taken into account the fact that Kensington had made significant improvements to its arrears and repossession processes since the early part of 2008.

The government now says it plans to push legislation overturning a ruling in July 2011 by a High Court judge that cast doubt on the legality of repossessions processed after 2009.

Tying the process of repossession in yet more knots will make it harder for the market to clear and for house prices to find a floor.

Around 2.5m homes are in the process of repossession, and 11m (or nearly 25% of all homes with mortgages) are "underwater": borrowers owe more on their mortgage than their houses are worth.

Bear in mind that even if you don't manage to secure help from any of these schemes, and your lender starts repossession proceedings, there is a lengthy process to go through before you lose your home.

The record figure comes as the number of landlord repossession claims – the first step of the legal process leading to an eviction – also rose.