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Restriction on title

1 reply 132 views
bec1234bec1234 Forumite
1 posts
MoneySaving Newbie
Hi my friend is selling his property, there are two restrictions listed on his title.
the title is jointly owned
one debt interim order 2010
one debt I rerun order 2913
made final charging orders
became insolvent 3 days before orders became final.
 My questions?
is this nit valid because he became insolvent before final order?
because property is jointly owned are these invalid?
what can we do ? He’s faced with a £35000 bill when  he thought the insolvency Swamy with this
urgent enquire please someone help, lawyers are not helping at all 

Replies

  • Minkym00Minkym00 Forumite
    328 posts
    100 Posts First Anniversary
    ✭✭

    Provided a charge was made final prior to the presentation of petition or bankruptcy (making of the order), a creditor would normally be entitled to retain the benefit of the charge. These look like old charges - when did he go bankrupt?



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