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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. Are the CCJs subject to charging orders against the property? Is the property in joint names?
Hi, Thank you. Are the CCJs subject to charging orders against the property? Do you have children under the age of 18 living in the property?
Hi, Thank you. If your husband goes bankrupt then any party with a charging order over the property could an order for sale over his share of the property. As long as you servicing the mortgage every month the mortgage company is unlikely to take any action. How much are the debts secured by the charging orders - would you be able to convince the bank to add them on to your mortgage? Potentially if your husband goes bankrupt you could negotiate with his trustee in bankruptcy to buy him out of his share.
Hi, Thank you. If he is made bankrupt his trustee will seize this money. Would you be interested in purchasing the house from him entirely? In bankruptcy he potentially would not be able to stop this happening.
Hi thank you. Are you a party to the IVA? Are you responsible for the debts in the IVA? Kind regards AJ