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Charging order by cabott

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  • Land_Registry
    Land_Registry Posts: 6,150 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper
    Ruby82 said:
    It is in a private trust with beneficiaries 
    But dont know if land registry will take it above the interim order
    Unsure what you mean here but am guessing you mean a full charging order on top of or after an interim one? 
    If you do then the creditor can apply to register the full order but it’s rare for them to do so if they’ve already registered the interim. They both protect the same interest (debt)
    Official Company Representative
    I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
  • Land_Registry
    Land_Registry Posts: 6,150 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper
    Ruby82 said:
    Ruby82 said:
    Lets try it this way, what debt does this relate to, and how much is it for?

    Do you own the property solely, or jointly with a partner?
    It is jointly owned
    A credit card of £6k
    Does it make any difference if its joint
    It can do with regards what may happen going forward as a joint owner’s debt can limit what actions are available to the creditor re the property. See our online guidance for an idea. https://www.gov.uk/government/publications/charging-orders
    But you and your joint owner should seek legal/wider financial advice as to what such orders mean, their impact on the property and more as appropriate. It’s a complex area of the law and it’s important to understand what rights/options you both have 
    Official Company Representative
    I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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