Archive for January 2019

2019: Year of Spanish debt collection

Spanish banks have been making major moves lately to offload their non-performing loan books. This means 2019 will be a busy year for property debt collectors! If you have a Spanish mortgage, chances are you could be affected. Just before Christmas, Bankia announced that it has agreed the sale of €3.07bn in bad real estate…

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5 Biggest Mistakes When You Can’t Pay Your Foreign Mortgage

If you have a foreign mortgage that you are struggling to pay, don’t worry. Issues are easily solved when you approach them in the right way. Don’t make these common mistakes that can make your situation worse: 1. Hand Over the Keys Many borrowers simply stop paying their mortgage and leave the keys with the…

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