Interim Charging Orders

[MacDave]

i have a property with an Interim Charging Order on it,

 

 

how long before a final charging order has to be made?

 

 

and what happens if no order is made within that ( what ever it is) time period?

 

 

-- thanks !

[Guest]

nice and vague first post

a CO usually follows an Int one, being vague

[MacDave]

ok, so i have had a Interim CO on there for nearly 7 years, and have heard nothing from the Judgement creditor during this time.. surely there must be some statute legislation that i can use to get it removed? or do something about it?

Edited November 3, 2016 by MacDave

[dx100uk]

tell us all about the ICO/CO

 

 

how did it happen

whats the debt all about that caused this?

 

 

was there a CCJ too?

 

 

dx

[MacDave]

shortfall debt from another property, yes there was a CCJ involved, 7 or 8 years ago i think ( i was told you cant get an Interim CO without a CCJ in place)

[dx100uk]

when and who got repo?

who got the CCJ and when?

who got the ICO/CO and when?

 

 

keep going

[Guest]

( i was told you cant get an Interim CO without a CCJ)

technically, a CO can be done voluntarily.

but, in yours there was a ccj, so was prob re enforcement.

again, vagueness. if you want more specific help, elaborate as asked.

[MacDave]

The prop was possesed nearly 8 years ago, i got the CCJ for the shortfall debt about 7 years ago, the Interim CO happed shortly after the CCJ ( i dont recal the exact timeframe between the two)....and i've heard nada from anyone since

Edited November 3, 2016 by MacDave

[dx100uk]

names from post 6 please

[MacDave]

names from post 6 please

 

it wasnt my post (#6) but whose names are you refering to?

[dx100uk]

hey we aren't dentists..

but this is like pulling teeth

 

 

when and who got repo?

who got the CCJ and when?

who got the ICO/CO and when?

 

 

keep going

[MacDave]

i thought i had already answered that with post #8, --- when and who got repo? - The (my) property was possesed nearly 8 years ago, it was sold on to who knows who at a big discount by the bank who got the CCJ and when? -i got the CCJ for the shortfall debt about 7 years ago who got the ICO/CO and when? - the Interim CO happed shortly after the CCJ ( i dont recal the exact timeframe between the two) i dont yet know if there was a final CO as it is not showing up on the Land Registry

Edited November 4, 2016 by MacDave

[mercyblue]

There would have been a hearing to make the charging order final at that time (the rules changed this year). However once the creditor has registered the ICO at the land registry they don't need to re-register it as a FCO at the LR, they could but it would cost money for no gain, as the ICO is sufficient to register their interest in the property, so they don't as a rule.

[MacDave]

ok, thanks mercyblue but what could i do IF i was to find out ( guess i will need to speak to the court) that there was never a hearing to make the order final?

[ThedaBara]

They don't need to make the ICO final... it stays on the property until you pay the creditors. Though if a single debtor and joint mortgage, the (I)CO will be overreached when you sell the property, and then they have to chase for the debt. TB

[MacDave]

They don't need to make the ICO final... it stays on the property until you pay the creditors. Though if a single debtor and joint mortgage, the (I)CO will be overreached when you sell the property, and then they have to chase for the debt. TB

 

ok thanks, think that just about clears it up...

[mercyblue]

ok, thanks mercyblue but what could i do IF i was to find out ( guess i will need to speak to the court) that there was never a hearing to make the order final?

 

The ICO would have arrived with a date for the final hearing.