We achieved an average mortgage write off of 77% for our clients in 2018.
Our service is 100% confidential, regulated and authorised by the FCA.
Since 2013 we have achieved a successful write off for 96.6% of our clients.
We have secured debt write offs worth over £37 million for UK home owners.
How Do You Deal With Property Debt When There Are Other Debts Such As Credit Cards, Loans, Outstanding Maintenance Bills And Council Tax?
Individual Voluntary Arrangement / Bankruptcy
| An IVA (Individual Voluntary Arrangement)
Depending on your specific circumstance, an IVA (Individual Voluntary Arrangement) may be a suitable solution. An IVA is a legal agreement between you and the people you owe money to (your creditors).
Most, but not all types of debt can be included in this agreement. A settlement is offered to your creditors which are paid either as a five-year payment plan (contribution IVA) or if possible, via a lump sum.
| Contact us to discuss an IVA if you have property debt issues and….
· You owe money to more than 3 creditors, eg mortgage lender, credit card company, council tax.
· You have unmanageable HMRC debt.
· You have multiple properties with different lenders that you need to sell.
· You have several unsecured creditors, such as loans and credit cards that are unaffordable.
· Have a number of properties, some you wish to retain and other “problem properties” that must be sold
| How can we help you now?
Sale and settlement – We have successfully completed 100’s of IVA debt settlements every year whereby ALL of our clients’ debts were dealt with and settled with one arrangement. Does this sound like something you need to find out about? Call 0161 222 4311 or fill in the form for a call-back.
At Negative Equity UK, we offer every available debt solution in-house. This makes us unique in this field. Sometimes, an informal settlement/debt write down, IVA or mortgage restructure are not appropriate. In this instance, we can advise and provide representation in bankruptcy.
To make this process as smooth as possible, we provide support, a solicitor to represent you and all of the advice that you would need to make an informed choice.