How selling your property fast can stave off bankruptcy

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Avoiding bankruptcy

 

Dictionary definition: The state of a person or firm unable to repay debts.

 

This can happen for lots of reasons. You may have recently become unemployed, you could have recently had a divorce, or if you own your own company it may be suffering financially. The easiest way to avoid being declared bankrupt is to quickly settle your debts. If bankruptcy proceedings are going ahead against you the chances are that you are going to find it almost impossible to find any form of personal credit. Even a remortgage would be nigh on impossible. The worst thing you can do at this stage is panic. A clear mind is best kept at all times.

 

There are several rational things you can do. You can ask friends or family to bail you out, but more than likely, the amount of debt you have to clear would far exceed the amount a family member or a friend would be able to lend. This is where cash-house-buyers.co.uk can aid you. You can arrange to sell us your house quickly. You have no estate agents fees, no surveyor's fees and no solicitor's fees. Best of all, you do not need to move out of your home, as you can rent the property back from us. You would receive the money into your nominated account within five working days. You can clear your debts and have peace of mind. If you go through the bankruptcy proceedings, you risk losing your home anyway, and not being able to live there. With us, although you do sell your house, you get to stay in it, bankruptcy free.

 

It is a very simple process. We can actually get the transaction done for you within twenty-four (24) hours, so you can start organising clearing your creditors, without the hassle of going through the rigmarole of going to court, your name and address being published in the local newspapers and losing somewhere to live.

 

You can contact us by phone or email under no obligation for a free consultation or simply fill out our enquiry form and we will contact you back - totally free of charge and without obligation.

 

Cash-house-buyers.co.uk is a major national house buying service. We have over twenty years of experience of speeding up the property selling process. We do not ask awkward questions, nor do we enquire why you need to sell quickly. Our motto: Ours is not to pry, only to buy.

If avoiding bankruptcy is your main aim then contact us directly. We can give you the solution you are looking for and you don't lose a roof over you or your family's heads.

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Reasons to avoid bankruptcy

  • You can be dragged through the criminal court system and be fully examined in public.
  • You lose control of your assets.
  • You cannot obtain credit of more than £250.00 in the future.
  • You cannot start a new company nor act as a company director or secretary.
  • You cannot trade in any business under any other name if you do not inform all your creditors.
  • You cannot work in any promotion, formation, or even management of a limited company (if you currently work for a limited company in management, you risk losing your job).
  • You could lose your home.
  • You cannot serve on the local council, be an M.P. or a Justice of the Peace.
  • Even after annulment, your credit rating is severely affected for many years.
  • If you try to settle after the order, it is very expensive and time consuming.

Making life simpler with a quick house sale

 

Settling before bankruptcy is filed can rescue your credit rating. It is better to rectify the problem sooner rather than later. If you get it sorted now, then in no time at all you can be back on your feet. Our service does not cost you a penny. You do not have to wait for us to find a buyer, as we buy the property directly from you, and even if you do contact us for information, you are under no obligation to take us up on our offer. It is a quick way to sell your house to make sure you do not have to go bankrupt.

 

 

 

Cash-House-Buyers bought our house without any fuss whatsoever. Completion took place just 4 days after our first contact. We had our problem solved and we are thrilled to have our lives back on track. Thank You Cash-House-Buyers.

Mr & Mrs F - Doncaster

 

 

Request further information here or call us: 0845 621 5000

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