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Restriction on title

bec1234
Posts: 2 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
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
0
Comments
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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?
0
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