The Oxford Dictionary defines “mediation” as an intervention in a dispute in order to resolve it.
It is a simple enough explanation that does little to describe the process or the skill involved especially when it comes to mediation in financial affairs and property debt.
In 2011, GDP Partnership was established to offer a mediation service for those people who found themselves in serious trouble with banks and financial institutions over property debt.
We are now into 2019 and the global financial crisis that began in 2007 continues to wreak havoc among homeowners and businesses across both the UK and Ireland with no end in sight.
Finding yourself in negative equity is undoubtedly a most uncomfortable experience. The impact on the individual, family or business is far reaching and goes way beyond initial financial difficulties. We know only too well the full impact of property debt because we see hundreds of cases every month.
At the height of the financial turmoil there were essentially two alternatives to debt resolution:
(2) An Individual Voluntary Arrangement (IVA), where the individual agrees to pay part or all of the debt
via an insolvency practitioner over a period of 60 months
This is all good news if you are an Insolvency practitioner, however, not so good if you are the individual burdened with debt and under emotional stress.
This is why GDP Equity Experts was set up. It was to offer these individuals an alternative to formal insolvency options. We are specialists in the art of mediation with financial institutions on your behalf, ensuring you get the very best deal possible.
“In the middle of difficulty, lies opportunity.” Einstein.
What we can do to help?
Over the last 12 months alone, GDP Equity Experts has negotiated debt write-downs or debt restructuring of over £11 million for customers across both the UK and Ireland.
As you can see, our proven track record speaks for itself. We are fully regulated by the Financial Conduct Authority and we take pride in our first-class advice and assistance that we offer to our clients.
It is important that you recognise mediation as an alternative to the formal insolvency arrangements, understanding that GDP Equity Experts are best placed to negotiate a settlement on your behalf with all financial institutions.
We will work closely with you from the very start of the process as we know what is expected and how to get you to where you want to go.
It is quite simple; we WANT to hear from you today because we WANT to help you today.
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