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Foreign Property Debt: FAQs
5 June 2024
In our latest webinar, we discussed one of the biggest questions we hear from foreign property owners struggling with foreign property debt: “Can YOU be chased in the UK for...
Read Full Story9 May 2024 • 2 min read • by Tom Miskelly
EOS Financial Solutions are an international provider of bespoke financial services. With a presence spanning 24 countries, EOS debt collection specialises in acquiring secured and unsecured debt portfolios. They primarily focus on banking, utilities, property, and e-commerce, accumulating nearly €1 billion in collective assets across Europe.
This year alone, we have received numerous enquiries from individuals whom EOS has approached. This has been via letters, emails, or phone calls regarding their Portuguese property concerns.
Understandably, our clients are fraught with anxiety over the prospect of sacrificing their life savings to resolve substantial debts stemming from ‘mis-sold’ property issues. EOS actively operates throughout Europe, resulting in the classification of outstanding loans in countries such as Portugal, Spain or Cyprus as non-performing, prompting EOS to pursue resolution in these regions.
Our clients have reported receiving emails, such as the one depicted above, from EOS. They are demanding prompt payment of these non-performing loans (NPLs). These correspondences stipulate deadlines for debt repayment. Failure to comply will result in updated debt amounts and accrued interest, further burdening the debtor.
If you find yourself on the receiving end of these demanding communications from EOS, rest assured, we’re here to alleviate your concerns. For over a decade, EU Property Solutions have provided trustworthy support for individuals grappling with challenging mortgage predicaments in Portugal and beyond. Our team of legal experts, stationed in the UK and across Europe, possess the acumen and experience necessary to navigate this complex terrain.
Time is of the essence if you’ve been contacted by EOS. These relentless debt-collection efforts won’t cease on their own. Taking proactive measures now can safeguard both your time and finances in the long haul.
Reach out to us today, and we’ll conduct a free review of your documentation.
Call us on 0330 124 1230 or email [email protected]
With a track record boasting a 100% success rate in resolving such cases, EU Property Solutions are your trusted ally in overcoming financial hurdles abroad.
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