Apply online and become debt free - The Process
Ashley Park Debt Solutions offer a personal and friendly service. Our repossession service is easy to set-up and uncomplicated to use. Here's a step by step guide of how it works:
- When you sign up with Ashley Park, one of our debt advisors will assess your case. This means they will look at your existing level of debts, your current income and your current expenditure.
- Working with you, our Debt Advisor will then try to assess a monetary figure which you can comfortably afford to repay each month towards your mortgage or rent arrears. We will also look at your unsecured creditors at this point.
- At this point we will issue documents to you to sign and return, it is important to do this as soon as possible to stop further action on your account.
- Whilst waiting for our paperwork to arrive, you will need to collect all of your creditor statements or letters so we can start working on your behalf.
- Once we receive your details, we will make an application to the courts to stop the intended action based on a proposal we will make to the courts to clear the arrears within an acceptable timescale, based on your circumstances.
- The court will assess the proposal we are offering and in the majority of the cases accept the offer we are making.
- Once you are happy with the new repayment figure we will then contact your creditors and negotiate a reduced repayment with them. Most creditors will agree to a new level of repayments, as they can see you are committed to trying to repay the debt by using Ashley Park Debt Solutions.
- As long as payments are maintained as agreed, no further action will be taken against you in regards to your property, and your unsecured creditors will also be offered a payment in order to clear your debt.
It is important to understand that we need all information as soon as possible in order for us to assist you.
Apply Online | Previous | Next