Hello Amanda my name is ***** ***** I will help you.
How much is being claimed for please?Alex
Ok - your equity will be safe yes.
You dont need to put a charge on, assuming you are named on the deeds.
But your share is and always be safe.
Can I clarify anything for you about this today please?ALex
Yes it would be too late and they could make an application to reverse it.
You dont need a charge on your property. In any event a charge can not be put on his share just like that.
Sadly if the other party loses they can get a charge for his share on the house.
Does that clarify? Alex
Correct. He cant move MOVE equity, cant do that.Your share always remains the same.
But your husband can start to pay off the debt yes.
No, he does not get a % but a debt figure.
That figure does not increase.
He can't just hand over the business, it would be seen as disposing of assets and trying to avoid creditors.
Does that clairfy? Alex
happy to help and good luck. Alex