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Hello my name is ***** ***** I will help you with this.
Wont the petitioning creditor agree to remove it?
Wont your Solicitor do this?
No thats not right. Just because you exchange it just means that you are selling.
Until you complete the property still belongs to you. If you had completed then it would be ok.
But as you have just exchanged, this just means you will be selling, so until that is done anyone can place a bankruptcy restriction on.
You need to get a Validation order, make an emergency application to the Court, your Solicitor can do this.
Once approved then all concerned can let the sale proceed and the petition can be discharged.
There is some guidance found here:
Can I clarify anything for you about this today please?