Clear your Debts

Do you need to do something about your credit card and loan debt ? Are your monthly payments out of control? Can’t see a way out of the spiral of debt? If you are worried – why not have your credit card and other finance agreements audited to see if they are in fact invalid and therefore unfair and unenforceable agreements. Don’t even think about bankruptcy until you have considered this option.

What does this mean? Is this a scam you are probably thinking. Over the last five years there has been an increasing number of court cases where ordinary people have taken their lenders to court and had their credit card and loan balances written off due to them being deemed unenforceable agreements and in some cases been awarded compensation too. The most famous being Mr and Mrs Rankine who appeared on the BBC Panorama Programme recently.

It isn’t debt management, an IVA or bankruptcy. It is a new and rapidly expanding industry which examines your credit agreements taken out before April 1974 to see if they comply with the terms and conditions of the 1974 Consumer Credit Act. The act was put in place to protect the consumer but the banks and lenders ignored this. This Act states what MUST be contained in your agreement and if it does not- it is unfair and unenforceable. And you can therefore claim to wipe out the balance of your credit cards and loans.

It is a straightforward, easy process. You legal representative will, with your written permission, ask your lenders for copies of the credit agreement you may have signed. This will then be audited and if any non-compliance or breeches are found it will be an unenforceable contract. And you can then claim to have it written off. Your solicitor will handle the whole thing for you on a no win no fee basis., for an audit fee of £295. There is no risk as this is refundable if your credit agreements are found to have no grounds for a claim. And you keep the entire claim amount with no back end fees.

Did you know that many finance agreements taken out before April 2007 are unenforceable! Its true. Most of them DO NOT comply with the terms and conditions of the 1974 Consumer Credit Act. And this makes them invalid and unenforceable. Now you can find out if your credit agreements are unenforceable by having them audited by a solicitor. This could give you freedom from debt and peace of mind.

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