Because repossession usually only happens once to anyone, the hardest part is knowing where
to turn for advice
Beyond that, it's not easy to know whose advice to trust. A search on Google on the one hand will bring up hundreds of Cash Property
Buyers all eager to do business with you. On the other hand there are organisations such as the Citizens Advice Bureau and Shelter
who offer free help. The problem is that only you can really know what is the best situation to resolve your financial worries.
Some of the charities like CAB may suggest that you 'give in to the inevitable' and allow your home to be repossessed.
The problem with this is that you can lose your home and still owe money for up to 12 years. This kind of advice may be
well meaning but it's doubtful whether the person who advised you to be repossessed will be sharing your local authority
B&B when you and you family are homeless!
Who Can I Trust For Repossession Advice
Not all charities and debt help agencies will give you the best advice for your specific situation
Not all cash property buyers will insist on a discount
You need to take advice from as many places as possible and make up your own mind
Remember, what is a good option for others may not be the best option for you
You need to choose between being taking an option that leaves you debt free or being pursued for years if you are repossessed
What Are My Options?
Listen to advice from different sources. Don't get caught up in the press hype about IVAs and bankruptcy as this can seriously
damage your future prospects. Look carefully at any company making claims that they can wipe off your debts using "recent Government legislation" etc. This can be very costly.
Be prepared to sell your home pay your debts and move to rented accomodation, if necessary.
You Can Stop Repossession Now
By any of the lenders listed below - Act now - Contact Us
