PERSONAL
When suddenly you find bailiffs at your doorstep to recover an unpaid debt or to cease your household goods, it is often hard to prove ownership of Household Goods including expensive items like TVs, computers and printers, refrigerators, washing machines and dryers, exercising equipment and Personal Luxuries like expensive watches, jewellery and designer fashion items and not to forget items of sentimental value like gifts and family heirloom. Till receipts only show that payment has been made and is not an immediate proof of ownership unless those are supported by bank statements. For definite proof of ownership, you need a bill of sale drawn in the owner of goods name or any documentary proof that assets do not belong to you though you are still using them.
If you are struggling with debt and facing recovery action by your creditors it is advised to hedge assets from being getting ceased by Creditor's Legally Appointed Agents. This gives you an option to negotiate to pay your debts without getting assets taken away and also not extra charges for removal and storage of goods get levied to your original debt. Furthermore by keeping your premarital and other assets hedged, creditors cannot come after you to cover your partner’s debts even in the case of a relationship breakup. So if you are in financial or relationship difficulty it is good to hedge your assets before the odds stack against you.
We at Assethedge provide flexible and affordable asset hedging solutions. Please ask for more details and no obligation quote.
PLEASE NOTE: We do not give legal, financial or debt management advice. We cannot hedge assets that are already subject to the High Court Writ of Control, Warrant of Execution, Charge of Payment, Controlled Goods Agreement, Interpleader Proceedings, Confiscation Order under The Proceeds of Crime Act 2002, Hypothecation and if the Bankruptcy Application has already been made against you or your business. We also do not hedge liquid assets like cash and bonds. Our services are available only in the mainland UK.