Jump to content


Can a Charging Order still be paid out even though debt has been sold on


Newbi
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2596 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi all,

 

 

Defaulted on a Direct Line loan some years ago and after dealing with CCCS, I have been paying off a manageable amount back. Direct Line put a charging order on my house to secure the debt, should I choose to ever sell my house. After many years of paying monthly via CCCS and the debt being sold on at least twice, if not three times, I am now contemplating selling my house. My question is this, if I now sell my house, will the solicitors just pay the charging order for the outstanding money to Direct Line regardless or will the fact that the debt has been sold on, now mean that they cannot pay it to Direct Line and nor can they give it to the company that bought the debt as the charging order is not in their name ?

Link to post
Share on other sites

Thanks for responding. Charging order was in 2006, and no CCJ beforehand as far as I can remember, but I will check my documents. My question was based around the legalities of being able to enforce the CO, when Direct Line (RBS) do not hold the debt anymore. When we hear the term, "Your debt has been sold on", does this really mean that the original debtor has nothing to do with the collection of the debt anymore. If so, I am inclined to try to get the CO removed if I can. Thanks for responding to my issue.

Link to post
Share on other sites

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your Topic please PM me a link to your thread

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...