Our average debt write-off in 2017 was £75,923
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We have a debt write-off success rate of 96.6%
We are currently entrusted by over 473 clients to deal with their debt
Selling a property in Negative Equity and settling the shortfall has several names, including
“Negotiated Settlement”, “Informal Settlement”, “Debt Write Off”, “Full and Final Settlement”
Negative Equity Options
Where you’ve decided that selling your negative equity property is the best solution then it becomes a negotiation.
Areas for consideration are:
- How the property is to be sold – this is often overlooked and can be a complex process, dependent on lender policy, your financial situation and circumstances.
- The level of debt settlement/reduction and how this is to be repaid.