Paying off charging order
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Re: Paying off charging order
Previously in a similar situation, I rang the creditor (nationwide) and offered 4k on a £8.2K debt on charging order, told them I was buying out ex and that was all I could afford to pay them as he was getting nothing out of property, if they didn't accept then I simply wouldn't buy it, and they would have to wait at least another 12 years for youngest child to reach 17. They accepted the £4k. Get your wife to make the offer. How much is she paying you for your share?
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Re: Paying off charging order
Thanks for that Emerald..
Just spoken to ex about it and it looks like we'll give that a try.
The equity in the property is around £120k, although my share will only just about clear my debt and give me a clean slate.
Thanks again for the advice.
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