Hello my name is ***** ***** I will help you with this.
Do you have a County Court Judgment or anything?Alex
Thanks, ***** ***** would want an undertaking.
However you have not. If you had a claim form then ideally you would want Judgment so you could enforce by way of charging order, this makes the debt secure.
But you dont have this and therefore are not really in a position to stop the sale. All you can do is if the debtor does not pay up, is apply to the Court to freeze those funds and seek payment.
But sadly you cant do this yet, because the debtor hasnt breached any agreement.
You would ideally need a Court order but dont get one until there is a breach.
But you should have got Judgment with a restriction on the property.
However you would make him bankrupt if he doesnt pay and the Receiver can reverse any payments he has sent out.
I am sorry if this is not the answer you want and its certainly not the one I want to give you, but I have a duty to be honest.Can I clarify anything for you about this today please?Alex
No, because he hasn't breached anything. If he had you be ok, but he has not. Therefore you can only assume he will pay you upon completion.
If he does not then and only then can you apply to freeze his account.
Can I clairfy anything for you about this today please? Alex