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Resolve arrears before court hearing?


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Hi

 

A creditor has applied an interim charging order on a property. It was an un-secured loan for 10K, and now they are seeking to finalise the charging order to a secured one via a county court hearing in October.

 

my question is - is it at all possible to still negotiate with the creditor to resolve the issue without going to court ?

 

They issued a CCJ for immediate payment of 10K, which ofcourse, could not be paid, so they went straight to an interim order.

 

Im wondering if the creditor is willing to accept payment to cover the arrears, and an agreement to continue the monthly payments as normal, with the view that they would have the interim charge removed.

 

Would this be a possible course of action ? Or even negotiating a settlement figure in one lump sum, say 6-7K ?

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