Savings of £700,000 & Settlement at 4.1%

Property Associated Debt

-A farming Client of ours contacted for advice regarding a property associated debt he had with a primary, local lender.

-Our Client had no interest in the properties, which had been untenanted for quite some time, were costing him money and thus he was happy to work through a consensual sale process

-He had attempted this directly for some time, with no success, and Fixed Charge Receivers had been appointed by the Bank

-After the eventual sale of the property, the shortfall he was left personally exposed for was c£730,000

-The Bank had chased him most determinedly, had appointed reputable Solicitors and, at the time of appointment, he was already in receipt of a Bankruptcy petition

-Resultantly, this was viewed as a most urgent case and the time frames for negotiation were significantly limited taking into account the looming petition

-We came on record with the instructed Solicitor & lender forthwith and initiated in-depth meetings followed with detailed, written proposals

-Within a short period, we had agreed a full & final settlement of £30,000.00 and the Bankruptcy petition was withdrawn entirely

Our Client continues to trade without the burden of such financial pressure & having experienced significant savings

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Your first consultation with us is completely free and you are under no obligation to proceed with us. However, it involves a thorough financial review and a tactical assessment of your various alternatives. We are assured you will leave the meeting with a clear understanding of your options and possible outcomes.

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Bell & Company is not allied to any financial institutions, agencies or outside bodies. This is one of our greatest strengths. It means that, unlike others, we are able to provide impartial advice that is in each client’s best interest and to operate scrupulously on their behalf, free of outside interference.

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