Debt Problems

If you think you are in serious debt then it is always best to seek help at the earliest opportunity before it gets worse. “Remember” a problem shared is often a problem halved and can soon help get rid of those sleepless nights and relentless creditor pressure. If you have already in your possession, CCJ`s, Statutory Demands, Petitions for Bankruptcy or Petitions for winding up of your business, we have the answers.

Don’t delay; ring our experienced team of experts today.

ARE YOU BEING HARASSED BY YOUR CREDITORS

Harassment of people in debt by creditors or their agents is a criminal offence under the Administration of Justice Act 1970; we at Tenable Solutions take immediate action with the offending creditors, outlining the fact that we are trying to seek a quick and speedy solution, to alleviate the situation for both creditor and the client and by their actions are in effect slowing that process down.

LEGAL ACTIONS SERVED BY CREDITORS

County Court Judgements; the CCJ is the start of your finances spiralling out of control and could lead to you making payment plans that you can not adhere too, especially if you have more than one in your possession. If you dispute the debt, return the claim form immediately stating why this action will avoid the Judgement going against you and ultimately ruining your credit rating. If you agree with the Judgement, but can not pay, that’s when the creditor starts issuing Statutory Demands and putting you under pressure. It is no use robbing Peter to pay Paul, which is what normally happens, This is only putting off the inevitable. Talk to the experts at Tenable Solutions Ltd, you will be amazed how quickly the problems get solved and you can start thinking 100% about your life again.

Statutory Demands; A Statutory Demand can only be made for an unsecured debt. If the creditor holds some security on the debt, then that value must be stated so the unsecured portion of the debt is known. The demand is normally issued to you in person by the creditor, but it may be posted, provided there is proof that you are aware of the demand. Failure to comply with a statutory demand is seen as proof you are not able to repay the debt and as such, the creditor is entitled to serve a bankruptcy or winding up petition to the court. Do not despair! It is not the end. Tenable Solutions Ltd has the Legal knowledge and expertise to deal with such problems and always strives to get the desired result, providing you with a way forward.

Petition for Bankruptcy; Bankruptcy can be quite a daunting prospect, but if handled correctly, can be avoided. The creditor has usually lost patience and feels this is their only option, once we open up negotiations and fully explain your situation; we normally get them back on side. The Judge ultimately decides, but if presented with a solid tenable solution, will avoid you going bankrupt. See Bankruptcy below!

Petition for winding up of a Business; Somewhat like a Bankruptcy Petition, the Judge ultimately decides but if presented with a solid tenable solution, will avoid the company having to cease trading.

REQUIRED ACTION.

We offer a very thorough consultation with one of our associate partners, which is FREE of charge and with no OBLIGATION. This can take place in your own home, business premises or a venue of your choice and we will discuss the following options:

Voluntary arrangements; these can either be individual (IVA) Partnership (PVA) or Company (CVA) and all have a strict criteria. No two cases are the same, so our advisors, if required, will sit down with you and discuss the pros and cons and what immediate action needs to be taken.

Informal arrangements; these can either be short or long term and involve careful negotiations with each creditor. Short term requires a lump sum to be made available, either from a re-mortgage, maximising assets, or help from family and friends. This option is particularly effective in the fact that it offers the creditors a full and final settlement and gets you back to normal very quickly. Long term requires a payment plan that needs to be flexible and we will make the creditor aware of this or bankruptcy will be the only option.

Consolidation of loans; either by way of re-mortgaging, short term loan, or help from the family.

Creditor agreements; carefully constructed arrangements can be made with creditors, once they are fully aware of the facts and of your intention to want to pay them.

Bankruptcy; last resort and needs careful consideration especially when your home may be at risk. Because the prospect is quite daunting, Tenable Solutions offers a service whereby we hold your hand through the whole process, by way of helping you fill in the paper work and sitting with you through the three hour (approximately) oral examination by the following; Official Receiver or a civil servant and officer of the Court or a Licensed Insolvency Practitioner, depending who is appointed.

We understand how quickly you can build up debts from overdrafts, loans, unpaid bills, credit cards etc. We are here to help you find the best solution possible to overcome your very stressful circumstances.

Remember TODAY YOU ARE STILL IN CONTROL - LET'S KEEP IT THAT WAY

Call us NOW to arrange your FREE no OBLIGATION consultation with one of our associate partners, on 0844 855 0 225.

If you think you are in serious debt then it is always best to seek help at the earliest opportunity before it gets worse.

We can advise you on whether an IVA is a solution to getting rid of your debts or another.

Call us NOW on 0844 855 0 225.

We can explain different sloutions such as an IVA, Consolidation Loans, CVA's, Bankruptcy...We can find you the best options

We are open 7 days a week 24 hr service and we cover the whole of the UK

Debt Collecting.

Have you got bad debts because you cannot get paid yourself?

We have a unique way of collecting debts, without the strong arm tactics.

We enjoy a 98% success rate collecting debts within the first 21 days.

We have our own unique system for collecting debts, dont waste your money with companies saying they can collect debts by letter writing, and ploys to get your cash, this as you will know does not work.