“Should I declare myself bankrupt?”
More individuals and businesses in the UK are declaring themselves bankrupt than ever before.
For many years, credit was widely available to even those with low incomes. As a result, thousands of people are now experiencing crippling debt.
You may well have considered remortgaging your property in order to raise the finance needed to clear your debts. If you are currently thinking of doing this then STOP! If you are already struggling to pay your bills and your new injection of capital is secured against your home, then should one of you lose your job or interest rates rise, you face the very real possibility that your home could be repossessed, resulting in your family becoming homeless and the loss of thousands of pounds.
Although bankruptcy may by now seem to be your only option, you need to consider:
Selling your property may seem a drastic measure, but selling it to one of Property Saint’s experienced cash investors is the fastest and most cost effective means of raising money and reducing your debts.
Your sale will remain completely confidential, you could receive the cash you need within 28 days and your credit history will remain much healthier than if you declared yourself bankrupt, leaving you to get on with rebuilding your life RIGHT NOW.
Even if you have little or no equity left in your property, we will find the best cash buyer for your home quickly.