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Ok so i went bankrupt after the final orders were granted ( but i didnt know they had been made final) and in my petition i put 6 interim CO, Official Receiver said i should check them, so i rang the court and guess what they are all final orders, 3 i was aware of 3 i wasnt.
So i rang each creditor, and none will remove them because my home has over 100k negative equity and all have said its there security to force repossession - but ive told them there is nothing in the pot after the first charge with the mortage company.
So i then start digging around and it appears that they cant do anything about them because they are considered restrictions and not full final charging orders.
So:
1. home is jointly owned (mortaged) 5 debts are in my sole name.
2. Only one debt is joint
3, When we forgot to pay a payment to the one at point 2 which was DG Sols for a former joint overdraft, which was 4 days late and 20 pound per month , they immeidately applied to the court baliff who attended to seize goods
From what i have read , there is in reality nothing they can do to either enforce the debt or force a repossession,
the restriction notice from land reg on all six states " no disposition of the reg estate, that a disposition by the proprietor of any reg charge registered before the entry of this restriction is to be registered without a certificate signed by the applicant for registration or their conveyancer etc etc "
What does that mean, and what is the real worst they can do.
Im insolvent- that is proven.
Assets if any belong to the official receiver if they try to seize goods for non payment.
And they never changed on the land reg them over from interim to final so i was misled as to the actual status of most of them- is that a duty to show on land reg and credit reference bureau files they are now final and interim.
One sol who got one for 700 pound has today threatened to seize or force repossession. right nasty man.
Thanks
So i rang each creditor, and none will remove them because my home has over 100k negative equity and all have said its there security to force repossession - but ive told them there is nothing in the pot after the first charge with the mortage company.
So i then start digging around and it appears that they cant do anything about them because they are considered restrictions and not full final charging orders.
So:
1. home is jointly owned (mortaged) 5 debts are in my sole name.
2. Only one debt is joint
3, When we forgot to pay a payment to the one at point 2 which was DG Sols for a former joint overdraft, which was 4 days late and 20 pound per month , they immeidately applied to the court baliff who attended to seize goods
From what i have read , there is in reality nothing they can do to either enforce the debt or force a repossession,
the restriction notice from land reg on all six states " no disposition of the reg estate, that a disposition by the proprietor of any reg charge registered before the entry of this restriction is to be registered without a certificate signed by the applicant for registration or their conveyancer etc etc "
What does that mean, and what is the real worst they can do.
Im insolvent- that is proven.
Assets if any belong to the official receiver if they try to seize goods for non payment.
And they never changed on the land reg them over from interim to final so i was misled as to the actual status of most of them- is that a duty to show on land reg and credit reference bureau files they are now final and interim.
One sol who got one for 700 pound has today threatened to seize or force repossession. right nasty man.
Thanks
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