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Independent Banking Advisory Service |
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Mortgage Shortfall Debt Claims and Disputes IBAS Mortgage Shortfall Debt Claims Unit has many years experience in handling and resolving mortgage shortfall debt claim cases with an experienced team and offer a unique and totally independent low priced professional, experienced and confidential service. The following pages show how others in fear from a mortgage debt have already obtained resolution:- Mortgage Shortfall Testimonials Mortgage shortfall case studies and testimonials Mortgage shortfall debt resolved Mortgage Shortfall Debt Claims You will find our 2012 national newspaper comments (plus many more over many years) in the News and archives sections of our site - these show that IBAS can be relied upon and has been in existence helping business bank customers with their mortgage shortfall debt claims and Director's personal guarantee demands since 1992. IBAS has also featured in BBC TV and ITV News items and programmes on UK banking and business banking issues The information below shows why DIY responses to lenders are dangerous. Mortgage Shortfall Debt Claim Survey OFT Complaint by IBAS on Asset Recoveries UK Ltd OFT Complaint by IBAS on Bradford & Bingley The above information evidences how lenders may pursue mortgage shortfall debts and why 12 year old mortgage debts and old, (sometimes very old) mortgage debts are 'chased' by lenders. Lenders pursuit of payment or in their gaining an early 'admission of the debt' may be 'vigorous' and may also appear intimidating in many shortfall debt claims or demands. Please note: Lenders will always recommend CCCS and PayPlan for free DMP's (Debt Management Plans) to their customer because they will always attempt to produce payments on the debt claimed - However, DMP's are merely 'management of the debt' which has or is being claimed by the lender it is not negotiating or questioning the legality of the debt or whether it should be paid - these are companies 'managing' your payments for a full debt collection on all debt claimed as being owed. If a DMP is entered into and accepted by the borrower all debts claimed will then continue to be 'chased' for payment - until they are fully repaid.
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