| | Mr H called when his mortgage fell into arrears, we carried out a full assessment and found a loan he had taken out was the main contributor to his current position,
the loan was for £5000 he was advised by the loan company he could only have the money if he took out Payment Protection Insurance (PPI) the PPI was £8000 !
on top of the £5000 + an horrific rate of interest, total amount payable £23,000 and that’s not all, it was secured against the property !!
This was a high street bank and not a loan shark, we had the insurance refunded in full, the loan rewritten, the charge on the property dropped and Mr H is in a much more comfortable position.
Mr W the owner of a guest house ran up unsecured debts in excess of £100,000 his wife was unaware of the level of debt
he was carrying, we arranged a remortgage for the couple and handheld Mr W through bankruptcy, with an honest valuation of the property Mrs W was able to purchase the equity from the Official Receiver for £1.00
Mr P A builder was owed over £180,000 by a client, he was petitioned for bankruptcy by the Inland Revenue to the tune of £17,000,
we put in place a plan whereby we negotiated with the Inland Revenue for a stay of proceedings and instructed an associate company to recover the monies due from Mr P’s clients.
Mr P is now fully functioning as a building firm and liquid to the value of £160,000. 
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