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rollercoaster
Junior Member

United Kingdom
327 Posts

Posted - 12 January 2013 :  10:25:30  Show Profile  Reply with Quote
we have a charging on our property due to beneficial interest in the property at the 3 year Mark. this was done 18 months ago. we understand what this order means but should we have had some contact from the O.R to organise a payment plan or do they expect us to save up and pay off lump sum or do they wait until we decide to sell the property and they get their money then??

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 12 January 2013 :  12:58:41  Show Profile  Reply with Quote
Hi,

No idea on this one - I hope Viki will be on later to advise.
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 13 January 2013 :  08:16:43  Show Profile  Reply with Quote
They will get their money when the property sells, however, If you can, I suggest you try and save up and pay it off asap to get rid of it.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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