hubby got a letter today so thought i would share it they sound like a mortgage co for iva's and BR's too me.
they are based in Essex:
Dear MR X
please excuse this unsolicited letter but we have recently seen from the insolvency services that your are currently BR and we may be able to offer you some assistance if you are a homeowner.
the law governing how properties are dealt with in BR changed with effect from April 2004. the act provides a limit of three years during which time a trustee in BR can deal with a BR's interest in a dwelling house which is the sole principle dwelling house of the BR, the BR's spouse or a former spouse.
your trustee in BR has one of the following options,
apply for an order of sale or possession in respect of your home.
apply for a charging order over your home preventing you from selling it.
enter into an agreement with the BR regarding the interest.
has your trustee approached ou regarding any of the above?
if so then you should be talking to us!
whilst the interest in your property will have to be realised this does not necessarily mean that you will lose your home. there are various ways in which this can be dealt with including remortgage, selling your interest to any joint proprietor or selling your interest to a third party.
we are specialists in this field and can:
arrange mortgages for people with bad credit, including BR's
negotiate with trustees;
reverse people out of BR into an iva.
do they not think we would have tried some of these routes any way before going BR and why would we want to reverse the BR now we are discharged?
kerri
Please view my blog at:
http://scaredkez.blogs.iva.co.uk/