Jump to content


Gingerly

Removing a final charging order

style="text-align:center;"> Please note that this topic has not had any new posts for the last 843 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

My late mother had dementia. She was also quite secretive so I knew nothing of this story until just prior to her death.

 

She owned a property and ran up large debts and was sued by the department store's legal dept. They appointed golden boys Restons who succeeded in getting a final charging order on the property in 2012 following a CCJ in 2011. She paid £67 per month until her death last year.

 

The property is in the process of being sold but a lifetime mortgage has to be paid off first. Unfortunately Restons are being tardy in processing relinquishing the charging order but...

 

The value of the debt is greater than the balance of the sale price after the mortgage has been paid off so what happens next?

 

Is it down to Restons whether the charging order is waived at all or can they say no sale thanks?

 

Can they insist that the whole debt is paid first before relinquishing?

 

Does the balance become unsecured debt?

 

Is there any come back on Restons if they refuse to give authority to relinquish the CO.

 

Restons' client doesn't seem to want to know and if you have tried to get in touch with Restons then you'll know it is a total nightmare!

Share this post


Link to post
Share on other sites

Tough luck for rectums then!!


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...