We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Agreeing figure with OR regarding equity buy back
Fuzzy16
Posts: 117 Forumite
What would happen if you were to refuse OR's latest offer to buy back equity? When you can raise no more money for example? Will they then go back to original equity amount and say that they were going to apply to court for a charging order to get full amount? OR has asked for another £750, no way can my OH get this amount, I can let him have £500 and that is it.
Thanks
Thanks
0
Comments
-
Hi,
It's impossible to say I'm afraid. The OR is charged with obtaining best price with minimum cost so it is an individual decision based on the merits of each case.
Until agreement is reached then negotiations can go either way.
DDDebt Doctor, Debt caseworker, Citizens' Advice Bureau .
Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards