Rent Back
A Judge Can Stop Your House Being Repossessed in One Day
Assuming that you have at least 25% equity on your payments, sale and rent back schemes can stop repossession in a matter of just a few short days. Actually, repossession is the last option for everyone, including the law and the lenders, because repossession can usually turn out to be long and drawn out in legal formalities and money matters. So if a judge feels that the lender can recover his money back somehow with the cash-flow injection that a sale and rent back scheme would provide, he can stop repossession proceedings even on the very same day.