Bulgaria Ski discussion board
Handing back the keys
Author:
posts : 13 (Beginner)Date : 02-09-10 18:54Handing back the keys
Just wondered if anyone in Bansko has ever handed their keys back to the bank? And if so what happened next?re: Handing back the keys
They were met by Igor
& Boris outside and taken for a very long 1 way drive 
Am I close.
S.P.
re: Handing back the keys
Just stop making payments - the banks are so indebted that they are not calling in bad loans yet as they would probably go under. You could also renegotiate your mortgage with them, I've plenty of friends here who have done so. Some with stunning success. They are fully aware of how much they will lose anyway so if you suggest you share the pain they may bite.
Walking away from a contract with a developer may leave you in a very different situation as the European Payment Order means they ...
Walking away from a contract with a developer may leave you in a very different situation as the European Payment Order means they ...
Just stop making payments - the banks are so indebted that they are not calling in bad loans yet as they would probably go under. You could also renegotiate your mortgage with them, I've plenty of friends here who have done so. Some with stunning success. They are fully aware of how much they will lose anyway so if you suggest you share the pain they may bite.
Walking away from a contract with a developer may leave you in a very different situation as the European Payment Order means they can enforce payment terms on you, forcing the sale of any other assets you may have (like your house in the UK).
I would suggest you seek advice from a professional.
Walking away from a contract with a developer may leave you in a very different situation as the European Payment Order means they can enforce payment terms on you, forcing the sale of any other assets you may have (like your house in the UK).
I would suggest you seek advice from a professional.
