Know the difference between repossession and voluntary surrender
Keep communicating with your lender
Don’t ‘give back the keys’
Attend your court hearing
Don’t lose hope, contact a PIP today
Keep communicating with your lender
It can be tempting to ignore letters and phonecalls from your lender, however in the long run it’s best to keep communicating with them. Lenders are obligated to engage with borrowers who are in arrears and repossession should always be a last resort.
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