Hey guys,
I am currently renting and got a letter in the mail about the finance company wanting to take the house. I spoke to our landlords and they said they will get the money together and we won't have to worry.
It's not just any court they are being taken to, it's the supreme court so I am assuming the debt is a decent amount owing. I haven't got a court date yet but they said on the form in 30 days+ court will happen. Will we be informed of the date as we are tenants?
So my question is. if they get the money together, are we still in danger of being kicked out or will they go through the financial history and see if they believe they are capable of paying the rest? I am gonna guess this isn't the first time for this happening. From what I understood, they are not allowed to pay money off before then just by going by things online.
Could anyone send shed some light, please?
Thanks in advance.
I am currently renting and got a letter in the mail about the finance company wanting to take the house. I spoke to our landlords and they said they will get the money together and we won't have to worry.
It's not just any court they are being taken to, it's the supreme court so I am assuming the debt is a decent amount owing. I haven't got a court date yet but they said on the form in 30 days+ court will happen. Will we be informed of the date as we are tenants?
So my question is. if they get the money together, are we still in danger of being kicked out or will they go through the financial history and see if they believe they are capable of paying the rest? I am gonna guess this isn't the first time for this happening. From what I understood, they are not allowed to pay money off before then just by going by things online.
Could anyone send shed some light, please?
Thanks in advance.