Archive for March, 2010

Preventing Bankruptcy, Stopping Repossession and Avoiding Eviction – It Can be Done!

Friday, March 19th, 2010

It’s very easy for you to feel pretty low when your creditors are making threatening demands to you and giving you the impression that it is all your fault and you will get what is coming to you.

However, it is not all doom and gloom! If nothing else, Property Buyers Ipswich can help. We personally feel that if anyone is to blame it is the creditors lending irresponsibly to those who simply cannot afford the payments. They don’t care if you get into debt – they make money from you in the way of interest and late payment charges. Add on to that the (unlawful) charges made by banks as a result of you having insufficient funds in your account when direct debits fail to come out and on top of the original debt, you can end up in a right old mess in a very short space of time!

It’s a win-win situation for the creditors really! They cannot loose. In fact, the last thing they want you to do is pay the balance of your credit cards every month, paying no interest to them. They WANT you to get into debt!

It can take months at least to sell a property in today’s market, “my bankruptcy hearing is next week and even if a miracle was to happen and I could find a buyer, it would never complete on time”. This is why estate agents in Ipswich can’t help.
Property Buyers Ipswich can and WILL help you out of this mess, you CAN recover from this. Let Property Buyers Ipswich lay your concerns to rest one by one;

1. It will not take Property Buyers Ipswich months to purchase your property, when we say a fast sale, we mean a fast sale! Typically, we complete within 28 days.

2. If your bankruptcy hearing is next week, or even in a day or 2, it is still well worth contacting Property Buyers Ipswich, as we can halt your repossession hearing by confirming that we are to purchase your property from you, which will enable you to pay your debts off and avoid repossession. Even if you are in negative equity.

3. Most companies will generally offer you 30 % below the current market value, the chance to rent back your property from them, Some then offer a chance to buy the property back at a set price at some point in the future.

This is not fair, and it’s not right. Property Buyers Ipswich will only make an offer if we think it is in your best interests. Ideally, you should be left in a position where you can repay your debts and either break even or have a little cash left over to spare. Obviously, this all depends on how much debt you have and how much equity you have in the property, but ultimately, you should come out of the other side in a better position than you were previously!

Although we can’t speak for every company, Property Buyers Ipswich doesn’t charge any fees for our service, and we also pay up to £500 of your solicitor’s fees for you. This helps those in financial difficulty and is a great alternative to paying out thousands of pounds in estate agents fees to get a slow sale of your property instead!

No matter how imminent your eviction is, we would highly recommend giving this option a go, you literally have nothing to loose. If you don’t like what you hear, you can always say ‘No thanks’! You may be pleasantly surprised to hear a friendly, non judgmental and calming voice on the end of the line offering to help you, as opposed to the horrible green ogre that is the bailiff!

www.propertybuyersipswich.co.uk

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