EU Property Solutions Presents... Can YOU be chased in the UK for foreign debts?

Welcome to our online event, where we will discuss the burning question amongst foreign property owners:
Can you be chased in the UK for debts incurred abroad?
Join us as we explore the legalities and implications surrounding foreign debts and what actions can be taken against you in the UK. Whether you're curious or concerned about this topic, this event is perfect for gaining valuable insights. Don't miss out on this informative discussion!
Are you concerned about a letter or email you have received?
Call us at 0330 124 1230
Or Email [e-mail]
*Keep your eyes peeled in the webinar for an exclusive offer to resolve your foreign property issue*

[@stevenbell7501]

Can you simplify what you classify as a win for the client?

[@eupropertysolutions]

Hi Steven. Thank you for the comment. This is dependent on the case…. and every case is different.
If it’s a crystallised debt shortfall then it’s achieving the lowest settlement from that balance from there.
If it's litigation, it's about avoiding court and the costs that mount with any hearing and judgment, negotiating the settlement in line with affordability, and being aware of asset risk in the UK.
If it's negative equity - it's us working with our legal teams in Spain to use a myriad of tactics to ensure they accept the net proceeds of a sale as settlement of the mortgage.
In Cyprus, it’s a case of negotiating with the Bank, and it can be more complex depending on the Bank, the developer’s, and our client’s position, as well as the old issue of Deeds.
The list goes on.
Thanks,
Terry Bell.