My wife had an outstanding debt with a company called Arrow Global they obtained a county court judgement for you then proceeded to place a charging order on our jointly owned property.
I was not in a position to dispute the charging order on my wife's debt as this could possibly jeopardise the sale of the property which had been on the market for 3 years. After all the charges had been paid there was a small shortfall that had to be made up be me. I am correct that on a charging order they can only take my wife's share of her equity to cover the debt? as currently I have paid half of it.
Any help would be gratefully appreciated.
I was not in a position to dispute the charging order on my wife's debt as this could possibly jeopardise the sale of the property which had been on the market for 3 years. After all the charges had been paid there was a small shortfall that had to be made up be me. I am correct that on a charging order they can only take my wife's share of her equity to cover the debt? as currently I have paid half of it.
Any help would be gratefully appreciated.
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