If the judge made a suspended possession order, you can stay in your home as long as you keep to certain conditions as ordered by the court. The conditions should be explained in the order, but if it isn’t clear, get help. In many cases, the order will say that you have to pay a certain amount off your arrears each month on top of your monthly mortgage payments. When you have paid off the arrears, you simply need to continue to pay your normal monthly payments when they are due.
If you don’t keep to the conditions of a suspended possession order, you can be evicted very easily. For example, if you miss even one payment, or pay less than the sums ordered, your lender can apply to the court for a bailiff’s warrant straight away. There isn’t normally another hearing and you may only get a few days’ warning before the bailiffs arrive to evict you. If you receive a letter from the court bailiff, get advice immediately. There may still be time to stop the eviction from going ahead.
If you think you are likely to have problems sticking to the conditions of a suspended possession order, you should contact your lender and/or get help immediately. Don’t put off dealing with the situation, as your lender (or other creditor) may be able to evict you very quickly if you don’t come to an agreement.
Even if the situation seems hopeless, an adviser may be able to help you find a solution. For example, if you have lost your job it may be possible to get the conditions of the order changed to make the repayments more manageable for you until your circumstances improve. If you want to change the conditions of an order, you will need to apply to the court and may have to pay a fee. However, if you are claiming benefits or you are on a low income you may be able to get help with these costs but you will need to show the court evidence of your low income when you make your application.