Helping a client keep her home.
A specialist lending solution delivered under urgent legal pressure.
$50,000 Urgent funds needed | Court date looming Default already taken to court | Home saved Debt cleared before hearing |
When this client came to Key Finance, she was under enormous pressure. She needed to access $50,000 urgently to pay out a default debt that had already been taken to court. Without a solution, she was facing the very real possibility of being forced to sell her home.
THE CHALLENGE
What made the situation even more stressful was the catch-22 she had found herself in. Because the default was still showing on her credit file, her current lender would not approve the cash-out until the debt had been paid. But without the funds, there was no way for her to clear the debt in the first place.
She felt stuck, overwhelmed, and rapidly running out of time.
THE SOLUTION
After carefully reviewing her situation, I identified a specialist lender whose policy allowed support for borrowers with defaults still listed on their credit file. That meant we could structure the application so the outstanding debt would be paid directly as part of the new lending arrangement, rather than waiting for it to be cleared beforehand.
I also worked closely with her lawyer to keep the matter moving within the required timeframe and to ensure the payout happened before the court date.
THE RESULT
The debt was paid before the court hearing, the legal matter was struck out, and she was able to keep her home.
For this client, it was about far more than just securing finance. It was about protecting her home, relieving an enormous amount of stress, and finding a solution when things felt like they were closing in.
*This case highlights the value of specialist lender knowledge, fast action, and genuine client advocacy.
