Posts Tagged ‘European Property Debt’

Negative Equity

Spanish Property Debt

Spanish Mortgage A couple met us under severe stress. They had not paid their Spanish Mortgage for 3 years and the Spanish lender had therefore placed a charge on their home in England. The property was in Negative Equity. We were appointed and dealt with the orderly disposal of the property, the negative equity balance…

Read More
Personal Guarantee

European Property Debt- Settled- Savings of €315,000

A couple were going through an acrimonious divorce. Both had very high incomes and an unencumbered property each back in the UK. They had a troublesome Spanish Villa which was c€300,000 in Negative Equity. This was their one remaining joint asset and the couple would not liaise directly with each other to resolve the matter.…

Read More