The number of bankruptcies is something that has been inevitable in the UK after our banks lending frenzy. The days of cheap credit are over – from personal loans and credit cards to car financing. Our banks are now trying to fill the black hole of debt they created by punishing the people they so willingly gave the money to in the first place and increasing interest rates.
Vast majorities of the population are now in a debt trap and the slightest increase in monthly repayments could mean bankruptcy court.
Have you considered what will happen if you couldn’t keep up with your monthly payments? You have probably made the assumption yourself but bankruptcy and repossession is fact!
The lending market is no longer in a position to lend you money to consolidate your debts as they once were. Those days can now be considered a MYTH.
This is a matter which should never be brushed under the carpet as it has the tendency to creep up and bite you like a crazed rottweiler. You won’t just lose what you currently have; you will lose total control of what is to come such as your finances. Apart from the loss of material possessions the mental stress of going through a bankruptcy is sometimes more than one can bear. Are you aware you can be classed as bankrupt for up to 15 years?
Do not allow the Crazed Credit Rottweiler to bite you. Take Action! Reduce your outgoings and use the equity in your property to pay off stale debts. We will give you maximum value for your property guaranteed!
Even if you don’t have equity in your home we have alternative solutions for you. Find out more!
Request your cash offer today