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can an unsecured debt be sold by me?


lavamyz
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hi

 

i got an email this morning from a company and without mentioning any names they say;

 

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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!

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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.

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This sounds remarkably like a Basil Rankine ad.

 

And no, you can't sell your debt without the original creditors agreement and are they going to agree with that??

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