Debt Consolidation
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DEBT CONSOLIDATION and SERIOUS DEBT SOLUTIONS
Debt Consolidation
We would not normally offer or advise further loans as a means of a debt solution; however a debt consolidation loan may help depending on the situation you are in with your debts.
This may be a great way of clearing all your loans into one new loan and pay off credit card debt and loan debt. If you have equity depending on status our partners at Financial Gateway will source the market for the best deal on offer at the time and present you with the facts .Please see our pages at Financial Freedom as there may be debt solution suitable and you may be able to pay all your loans into one new loan. However if you have a debt problem then debt consolidation may not be the way forward but feel free to enquire.
Bankruptcy
We would not encourage Bankruptcy but if you have serious debt problems and no assets (do not own your home, have equity, expensive car or possessions) this may be a viable debt solution.
You would need to check that bankruptcy would not affect your career situation or job prospects in your profession.You could consider debt consolidation if circumstances allow.
We will introduce you to our partners who will guide you through the process of bankruptcy and for a nominal fee assist with all the paperwork and application forms and even attend court with you.
Bankruptcy no longer has the social stigma of past years as many high street and international businesses have gone bankrupt. Although it can be a daunting process with major pitfalls if no advice is chosen.
Please enquire and we will see if there is another suitable debt solution such as an IVA Plan or debt consolidation to help you from bankruptcy.
Sell and Rent Back your Home
Sell and Rent Back - the new regulated option
Should you sell and rent back your home?
Many people have taken on massive unsecured credit card and loan debt thinking they would not loose their home.In fact it is these lenders who will pursue the debt and in the event of no formal debt management plan will seek to recover the debt owed to them.
It is not unusual for an unsecured creditor to seek a charging order or bankruptcy.If you are a homeowner the unthinkable may occur..your home will be repossessed.
Only once you have exhausted every other possibility, including negotiating with your lender and exploring the various government rescue schemes or other debt solutions you should consider this viable avenue of sell and rent back.
But what if every option had been considered and either found to be not possible or not appropriate? What if repossession was looking like a very real possibility, then what would I do?
As an advisor I would want to do everything possible to help my client avoid repossession, which can destroy families, marriages and even children's education prospects.
Sell and Rent Back your Home is, therefore, an option which you should consider. Yes, it is a facility of last resort. But when no other options exist, sale and rent back does enable homeowners to keep a roof over their heads and their family unit in one piece. Which has to be an objective worth pursuing, surely?
The answer is not to turn your back on Sell and Rent Back, but to seek out a product which is ethical, fair and safe, such as the Home Rescue and Buy Back Plan which our regulated partners can assist you with which may help with debt solutions with a sell and rent back scheme.
Contact Us
We will help with Debt Consolidation, Bankruptcy and Sell and Rent Back
Please call us on 0800 612 6371 as soon as possible so we may help