B136(CO)

Junu1983

Hi all,
I need an urgent advice, in March i received an interim charging order from my creditors and i did not receive any letter prior to my interim charging order. At the moment i am waiting to hear from the court and also at the same time i am trying to negotiate with the creditors. The Co-owner has nothing to do with my debt. On Friday i received a letter from HM Land Registry (Notice to a registered proprietor of an application to register a restriction against the Land B136(CO). I do not know what to do the co-owner has opposed to it however as i am a debtor i do not know what should i do, should i consent or oppose? am i allow to oppose as i am a debtor? as i have not received a final charging order yet it is still an interim charging order. Please any suggestion will be really helpful and really apprietiated.
Thank you. 

DullGreyGuy

Are you currently making any payments towards this creditor? If so, was it agreed with them at any point or not?

You are allowed to oppose it as the debtor, you just need to consider what grounds you are going to be refusing it on if you acknowledge the debt is yours and particularly if you've not been paying the debt in any way. 

MSE_ForumTeam5

we've moved this to a more appropriate part of the forum

sourcrates

A restriction is all that can be placed on the land registry file, as the property is jointly owned, it will just sit there until you decide to sell, at which point the debt will need to be repaid from the sale proceeds.

If you don`t sell, nothing will happen, it just stays on file as a restriction.

macca59

Hi, 
l have 2 CCJ’s both more than 6 years old, one was with Turnbull Rutherford, who have not chased me for a penny since 2016, and the other is SCM who I have a repayment plan active. Both served B136 on us back in 2012, we are now trying to get out of an interest only Mortgage and switch to a repayment Mortgage, is this going to hinder us?
The debts are both mine and not my wife’s.