You could have filed objections via a Witness Statement to bring your defence back into play in the court proceedings and defended the case - I don't know what your defence was, or if you agreed the Tomlin after you'd entered a defence ? so no way of knowing if you could have proceeded to defend the claim. Have you received the copy of the judgment from the court now? It's for £6 a month ( reviewable annually / six monthly ? ) and permission to apply for a charging order ? or have you just seen Restons tend to look at a CO after judgment?
If they do get the charging order, and you go on to cease making the judgment payments, then you are at risk ( a very small risk - only 4% of charging orders ) of a potential application for a sale order. Defending that would be based on your personal circumstances, family home, equity and so on.
If it helps, I had a charging order from Restons in 2006 and I just paid monthly installments until I sold my house around 4 years later due to moving, and paid off the balance from the equity - it never caused me any problems at all ( only the CCJ on my credit file really - and without making a full and final settlement with 28 days from judgment you are going to be stuck with that for 6 years ( and annoyingly for you, you've kept away from the CCJ for the last 5 years by paying under the Tomlin order, and had you let it go to court and had judgment against you, the CCJ would fall off your file next year ) - so yes I completely agree that people need to consider a Tomlin order carefully. If a CCJ would have caused major issues, like a loss of employment ( for example people who work in financial services ) then it is worthwhile taking the risk that you could just be delaying a CCJ. Or if the debt isn't so large and would be settled within a couple of years.
Now, I'm wondering a bit why you used Business Debt-Line - was this a business credit card / loan with MBNA - as a sole trader business ?
If they do get the charging order, and you go on to cease making the judgment payments, then you are at risk ( a very small risk - only 4% of charging orders ) of a potential application for a sale order. Defending that would be based on your personal circumstances, family home, equity and so on.
If it helps, I had a charging order from Restons in 2006 and I just paid monthly installments until I sold my house around 4 years later due to moving, and paid off the balance from the equity - it never caused me any problems at all ( only the CCJ on my credit file really - and without making a full and final settlement with 28 days from judgment you are going to be stuck with that for 6 years ( and annoyingly for you, you've kept away from the CCJ for the last 5 years by paying under the Tomlin order, and had you let it go to court and had judgment against you, the CCJ would fall off your file next year ) - so yes I completely agree that people need to consider a Tomlin order carefully. If a CCJ would have caused major issues, like a loss of employment ( for example people who work in financial services ) then it is worthwhile taking the risk that you could just be delaying a CCJ. Or if the debt isn't so large and would be settled within a couple of years.
Now, I'm wondering a bit why you used Business Debt-Line - was this a business credit card / loan with MBNA - as a sole trader business ?
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