Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
i got an email this morning from a company and without mentioning any names they say;
---------------
We enable our clients to free themselves from their unsecured liabilities by selling their debts. Debts are purchased directly from consumers and companies. For a single payment all rights, benefits and liabilities associated with the debt are transferred to the purchaser. In excess of £20 million of debt has been purchased using this method in the last 12 months.
If a lender can sell a debt so can the borrower
Under Contract Law if you own it you can sell it
The process is quick and easy and can free you from your debt in just two weeks!
-------
i dont see it myself but i'm willing to be told otherwise by the folks on here! is this possible, legal, workable etc etc
the fee is 450 + 10% of the amount "sold" so on 10k it'll be £1450.
And no, you can't sell your debt without the original creditors agreement and are they going to agree with that??
If you are asked to deal with any matter via private message, PLEASE report it.
Everything I say is opinion only. If you are unsure on any advice given, you should see a qualified solicitor
can an unsecured debt be sold by me?
Reply With Quote
