Suggestions(1)
Dictionary
to repossession
noun
The condition of being repossessed
Exact(11)
He retains the right to repossession, but only subject to two days' written notice.
This is a breach of mortgage terms and conditions and, in theory at least, can lead to repossession.
The big jump indicates that many foreclosures that were in process in 2009 are now beginning to move to repossession and, eventually, auction.
"A lot of attorneys say they wish people would come earlier, before they emptied their retirement accounts or lost their car to repossession," she said.
Many also complain that their strike benefits have been cut to $125 a week from $240, and are telling of being evicted and losing their cars to repossession.
The reforms also offer landlords an alternative route to repossession of a property that will reduce the burden on victims to give evidence in different court cases and avoid waiting months, sometimes years, for the perpetrator is evicted.
Similar(44)
Further, they adapted a US-style approach to repossessions, assuming a landslide in foreclosures.
Vincent Cable, the Lib Dems' Treasury spokesman, said there was a real danger that thousands of people would be kicked out of their homes in the next year due to repossessions.
Savills said that a mix of easier mortgage lending, a more benign approach to repossessions and chronic supply shortages - new housing starts fell by 27% in England in the first half of 2008 - will make the recovery swifter than in the early 1990s.
"I would urge anyone facing money worries not to bury their head in the sand, but to go to our repossessions help website or call the National Debtline to get help in keeping their home".
If we were to take the advice of our Conservative opponents we would withdraw the support now available to homeowners, and do nothing to prevent repossessions rising to the rates of the 1990s.
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