how can I protect my home?

[screenone]

I am paying back creditors through CCCS, and have been for the last year. Everything was fine until MBNA decided that they would take the balance (which is substantial) from my home once I sell. Our home is worth around 175000 now.

The property is joint owned by me and my girlfriend and I was wondering would I be able to put the whole property into her name to protect the investment from MBNA.
All my other creditors are fine, its just MBNA which I now know is US owned.
If I did this would the property be protected, as we have 2 boys and would need to get somewhere else to live.

[Curlyben]

Re: how can I protect my home?

Have MBNA actually taken you to court over this yet and obtained a Charging Order against your property or have you agreed a voluntary charge ??

If you could give us some more background on this we'll be able to assist better.

[Paule]

Re: how can I protect my home?

Hi there and welcome to LB

Can you clarify your situation a bit more please, with regards to

MBNA decided that they would take the balance from my home once I sell

Did they get a charging order on your property?

What involvement have CCCS had in this?

I presume this is a Credit Card debt?

PKea

[natweststaffmember]

Re: how can I protect my home?

A very warm and dry welcome Screenone to Legal beagles.