BANKRUPTCY CHARGES CAN DOUBLE A DEBT.
You could lose your home and ADD bankruptcy fees and/or costs of up to £60,000 if you let trustees control repayment of your debt*.
*A trustee charged to manage a banckruptcy and ensure all debt is repaid can charge c.£300 per hour and you could be charged a Secretary of State fee of 17.5% on the amount raised from the sale of your home to repay your bankrupt debt.
Meanwhile, your bankruptcy creditors can also claim 8% statutory interest on outstanding amounts.
You will save money the sooner you can repay your debts.
Your house can be forcibly sold up to three years after your bankruptcy order if there is no other way to repay your debts.
You will probably get a higher price for your house if you sell it yourself and you could avoid thousands of pounds in added cost.
For more information on Bankruptcy charges, see the Government Issued information @ https://www.gov.uk/government/publications/guide-to-bankruptcy/guide-to-bankruptcy#costs
Selling Your House Yourself Could Be Much Cheaper Than Waiting For A Trustee To Force A Sale
By using our ‘Funds Transfer’ service, we can provide funds to manage bankruptcy:
• Pay your DEBTs to CANCEL YOUR BANKRUPTCY
• Avoid BANKRUPTCY CHARGES.
• Avoid TRUSTEE FEES
FREE ADVICE TO MANAGE BANKRUPTCY…
We offer immediate access to our FREE ADVICE CENTRE about managing bankruptcy. There is not any obligation to use any of our services but we know the cost of our services has saved our clients a lot of money so we let the numbers speak for themselves. We will simply work out the costs of either option.
Part of our help is simply making sure you know all the options we can offer to avoid adding more debt to your bankruptcy – it’s FREE and could save you Thousands of Pounds!
…FROM OUR IN-HOUSE EXPERTS
We have in-house, regulated experts, including solicitors, mortgage advisers and insolvency practitioners – our advice is completely free and there is absolutely no obligation to use our charged services.
By reviewing your bankruptcy details and your assets, we will be able to tell you whether we can help you avoid more trustee fees and how much our ‘Funds Transfer’ service will cost.
Call us now on 01244 757152 to find out whether we can save you thousands of pounds in Bankruptcy Charges
BANKRUPTCY IS AN EXPENSIVE PROCESS BOTH EMOTIONALLY AND FINANCIALLY