I have been given a suspended repossession order, what does this mean?

I have been given a suspended repossession order, what does this mean?

A suspended repossession order basically means that you've been to court, you've agreed a payment process with both the judge and the lender and that possession order has been suspended subject to you keeping up the arrangements that you've now made with the lender and the judge. If you fail to keep up those payments, the suspended possession order will turn into a possession order and the lender can then apply for eviction.