Have you received a debt collection letter or email from Zolva about your Spanish property? You are not alone. Many owners face this issue years after leaving Spain. At EU Property Solutions, we guide clients through these demands and help protect their assets at home.
Who Are Zolva Debt Collection?
Zolva is a European debt collection agency. Spanish banks and lenders often sell unpaid loans or mortgage shortfalls to vulture funds, such as Zolva, which then pursue borrowers directly. Their letters and emails can look formal and intimidating, especially when they mention legal action or recovery in the UK and Ireland.
Why They May Contact You
There are several reasons why you may hear from Zolva:
Mortgage arrears – missed monthly payments that built up over time.
Repossession shortfalls – when a property is sold for less than the mortgage balance.
Debt purchases – Spanish lenders selling old loans to companies like Zolva.
Cross-border collection – attempts to enforce Spanish property debt in your home country.
Many owners are surprised to receive these letters years later, but debts linked to Spanish property rarely disappear on their own.
What You Should Do
Receiving a Zolva letter is stressful, but don’t ignore it. Instead:
Gather your paperwork – mortgage contracts, repossession notices, past correspondence.
Seek expert advice quickly – acting early gives you better options.
How EU Property Solutions Helps
We have helped countless clients deal with Spanish property debt collectors like Zolva. Our experienced team can:
- Review the debt and confirm if it is enforceable.
- Negotiate reduced settlements, often far less than the balance owed.
- Protect assets from unnecessary enforcement.
- Professionally handle all communication so you don’t have to deal with debt collectors directly.
Frequently Asked Questions
Who are Zolva?
Zolva are a debt collection agency that banks have sold their non-performing loans to. They are now actively chasing borrowers for repayment.
Can Zolva chase me in the UK or Ireland?
Yes. Zolva can pursue Spanish property debts through courts in the UK or Ireland, so it’s important to act quickly.
Do I have to pay Zolva the full amount?
Not always. With the right advice, settlements can often be reached, so it’s essential to consult professionals like us who specialise in these types of debt solutions daily.
Final Thoughts
If you’ve received a Zolva debt collection letter or email about your Spanish property, you don’t need to face it alone. EU Property Solutions are experts in resolving Spanish property debt for our clients. Contact us today to discuss your case and take back control.
