Illegal Practices We Can Help With
Do you have commercial loans for your business or property? Is your bank trying to get you to do any of the following?
- Attempting to appoint LPA receivers.
- Repossess your property / assets.
- Calling in loans even if you are trading in profit.
- Cancelling loan agreements with no warning.
- Forcing you to move to a different loan rate/ LTV.
- Forcing a shortening of the loan term.
- Forcing a refinance or repossession for non compliance.
- Forcing sale to NRAM or other government subsidiary.
- Adding charges which are unmanageable.
- Forcing bankruptcy upon you and seizing assets.
What We Can Achieve
The original loan can be on residential and/ or commercial property as long as it was commercially financed. Our team will work to:
- Stop the bank action by reminding them of legal obligations.
- Create a proposal for the banks to pay off the original finance.
- Refinance, sell the assets or find other solutions.
- Negotiate with bank chairman-write original loan down by up to 50%.
- Find exit solutions which avoid the need for formal insolvency.
- Help with corporate restructuring, asset disposal via our experts.
- Deal with regulators around business distress or insolvency.
- Debt and equity restructuring for a better future.
Our specialist can work with you to negotiate directly with the bank chairman and bank officials of a sufficiently senior level to be able to sign off full and final settlements on your behalf.
A key point to this system working is that there needs to be an exit strategy, we cannot simply write down the debt, a sale or refinance or other strategy at the end of this process is essential, because the original loan will still need to be paid off. This way everybody wins.The bank is paid off and the client keeps their business running on a lower loan rate/ value.
We can also help distressed landlords that are having problems with banks taken over by the government via NRAM or NAMA. If the bank is attempting a fire sale of you assets, its VERY likely that we can help you.
4 More Key Facts
- Minimum loan values considered about £3-400k.
- Timescale is about 2-3 months to complete the deal.
- We only take cases we know we can win.
- You must have been contacted by the bank re any of the above scenarios.
- There is no charge to find out if your case can be won or not.
- Our team has 100% success rate, we only take cases we can win.
Our 5 Point Action Plan
- Legally stop bank action against client.
- Arrange meeting with bank chairman.
- Submit proposal to bank chairman.
- Await bank response.
- Complete transaction for all parties.
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