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Paying off charging order/restriction & transfer of equity

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  • exa3z
    replied
    Originally posted by Archie.2 View Post
    Very interesting, as I am in the same position. Awaiting outcome with interest.
    I'll make sure to update my progress on this post then. It's always interesting to understand what approach others have taken and what's been successful for them.

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  • Guest's Avatar
    Guest replied
    Very interesting, as I am in the same position. Awaiting outcome with interest.

    Leave a comment:


  • exa3z
    replied
    Originally posted by MIKE770 View Post
    whilst the other half is on the mortgage then it is a restricted charging order and not worth much to any solicitor who knows their job, as the other person (innocent) cannot be penalised for the partner. Peridot
    So are you saying now is a good time to make a settlement offer and get rid of it, before I take ownership of the property in my sole name? Should I just ask for a settlement quote, or should i make an offer, and how much of an offer would they likely accept seeing as the debt is almost approaching 10 years old now!!

    Thanks.

    Leave a comment:


  • MIKE770
    replied
    whilst the other half is on the mortgage then it is a restricted charging order and not worth much to any solicitor who knows their job, as the other person (innocent) cannot be penalised for the partner. Peridot

    Leave a comment:

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