Knowing where you are in the repossession process is key to addressing the issue. Below we give an overview of the repossession process as it normally pans out.Firstly, the account falls in to arrears. The lender may contact you first or they pass the account to their Litigation/Collections Department for review. Next, if arrears continue or payment arrangements are broken, the Lender may instigate Possession Proceedings through the Court.Then a Court Hearing will be scheduled. A letter will be sent to you providing a time and date for a Hearing before the Judge. If things go in favour of the lender a the court hearing then the judge will grant the lender a Possession Order. This will be sent in writing and will give a date for possession – you are asked to vacate voluntarily on or before this date.Lenders may also request a Warrant for Possession. This again will be in writing and will be sent to you and will be endorsed by the court that has granted the warrant for possession. The letter will includes a time and date for the actual eviction. This will include a warrant number which means that a bailiff can attend to ensure that you vacate at the stated time and date.Once eviction takes place you may be granted access to the property to collect any remaining belongings. This is usually an accompanied visit at a stated time and date, normally a couple of weeks after the actual eviction.
The Repossession Process
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