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Response to Charging Order - Help Needed !!!!

from (orangepaws@hotmail.com)
We had a charging order made absolute on our property last week (see my previous post regarding First National Bank). The following link may be of use to you http://www.newcastle.gov.uk/welfr.nsf/a/debtFS6. Once the order is made absolute, the creditor has the option of applying for an order of sale.

It may be worth contacting any other creditors to see if they have any objections to a charging order, prior to the hearing. Unfortunately for us, FNB only named our mortgage lender as our other creditor, although FNB were fully aware of others! I have since read that it is the applicants' resposibility to inform other creditors of the charging order nisi!

Hope this helps! There is hardly any information available on charging orders, believe me this last two weeks, I have been searching endlessly!

Good Luck!!

(posted 8118 days ago)

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