trying to sort out a personal debt problem

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d.c1

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Post by d.c1 » Mon Feb 04, 2008 12:45 pm
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I am trying to sort out a personal debt problem. I have a joint mortgage with my wife (she has no personal debt). Can creditors make us sell our house when chasing money.
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ianmillington

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Post by ianmillington » Mon Feb 04, 2008 12:48 pm
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Not simply by being a creditor but if they pursue you to the point of a CCJ then they can get a Charging Order on your interest in the property. Then they could theoretically apply for an order for sale.

How much do you owe and how many creditors have you got?

Ian
Last edited by ianmillington on Mon Feb 04, 2008 12:48 pm, edited 1 time in total.
Ian Millington
Insolvency Director
PDHL Ltd (formerly Personal Debt Helpline Ltd)
www.pdhl.co.uk
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