Charging Order Hearing.

[welshwizard1972]

Have today received interim charging order and date for hearing late November.

 

 

I have been making monthly payments as agreed for 4 months of £50 and have made an additional payment of £500 due to selling a piece of machinery,

therefor reducing the amount owing from2800 to 2100 within 4 months.

 

The offer of £50/month was offered to the hceo's acting on the creditors behalf and was bluntly refused

but readily accepted as soon as the debt got passed back to the creditor,

so the debt could have been reduced by another 3 - 400 pound by now had they accepted the offer at the time.

 

 

The house is in joint names with my partner but the debt is in my sole name,

the debt is to "howdens Joinery",

 

 

we have no equity in the property.

 

 

Have made all these points directly to howdens and cant understand why they are still pushing ahead with the application.

 

My questions are really why would they carry on with this action costing them money

when as I understand it they would have virtually no chance of getting a forced sale,

due to the house being jointly owned and there being no equity.

 

 

also is a judge likely to make the order final when there is an agreed payment plan in place

which I am honouring and making substantial additional payments.

Would be grateful for some advice.

Cheers all..