March 16, 2009

Unenforceable Contracts - What does it Mean?

If you have taken out a credit card with ANY lender - there is a high chance that the contract signed by you has fundamental flaws which could mean you do not have to pay back the balance owed.

Any balance of usually up to £25,000.00 when you took out the product ( which can be higher now ) can simply be 'written off' by your lender for serving you with an unenforceable contract. You would receive a letter from your lender at the end of the litigation process confirming the contract is unenforceable.
The financial products which we can check on the validity of the contracts are the following:

  •  Mortgages
  • Car Finance
  • Credit Cards
  • Unsecured Loans
  • Secured Loans

All of the above products when taken out had a contract which you where required to sign. If the contract does not comply with the rules and regulations within the then you could have a valid claim to remove the debt or receive compensation – or both.

For more information and a FREE FINANCIAL Health Check visit www.buyproperty4less.com

 

Spread the word

del.icio.us Digg Furl Reddit Help

Permalink • Print • Comment

Trackback uri

http://www.buyproperty4less.com/news/index.php/2009/03/16/unenforceable-contracts-what-does-it-mean/trackback/

Related Entries

Leave a Comment




Close
E-mail It