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2nd Charge - Problems removing due to insolvent lender

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Comments

  • PheoUK
    PheoUK Posts: 351 Forumite
    Surely the person you need to contact is the official receiver / insolvency practitioner (not sure what the precise term is for a corporate bankruptcy)

    so looking at this, it was a small local company, not sure what they did as its no longer in the companies house data, but according to said data it was voluntarily dissolved.

    So I am not now sure it was an insolvency. We shall see, the solicitors are being put under pressure from all sides right now I think!!
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Surely the person you need to contact is the official receiver / insolvency practitioner (not sure what the precise term is for a corporate bankruptcy)

    Even if they existed, it's too late for them to sign anything if the company is dissolved.
  • KennethC
    KennethC Posts: 110 Forumite
    If the company was voluntarily wound up, there has to be a distribution of assets/liabilities and should have involved a solicitor, or they may have walked away and done a runner! If the latter, then no charge exist surely?
  • PheoUK
    PheoUK Posts: 351 Forumite
    KennethC wrote: »
    If the company was voluntarily wound up, there has to be a distribution of assets/liabilities and should have involved a solicitor, or they may have walked away and done a runner! If the latter, then no charge exist surely?

    Problem is proving that to the land registry!
  • antrobus
    antrobus Posts: 17,386 Forumite
    Send money due to the Crown under a bona vacantia mortgage (BVC5)
    https://www.gov.uk/sending-money-due-to-the-crown-under-a-bona-vacantia-mortgage-bvc5
  • PheoUK
    PheoUK Posts: 351 Forumite
    Can you lot go work for my vendor's solicitors?!!
  • KennethC
    KennethC Posts: 110 Forumite
    PheoUK wrote: »
    Can you lot go work for my vendor's solicitors?!!

    I would love to but I am rather busy at the moment:D
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