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by noendyet
Sat May 24, 2008 8:07 pm
Forum: postings for may
Topic: Will a charging order be filled without the equity
Replies: 10
Views: 1762

Hi Melanie Currently I am the sole owner on the Deeds, but my daughters have a legal right under the Deed of Trust set up in 1996 when they were only 15 and 13 . Under the Deed of Trust I am entitled to shares of the Trust in a ratio of 55/73.5. Therefore my share equals 126,750 minus my mortgage of...
by noendyet
Wed May 14, 2008 8:37 pm
Forum: postings for may
Topic: Will a charging order be filled without the equity
Replies: 10
Views: 1762

Hi Melanie Thank you for your reply. I still owe £93,000 and pay £910 each month. I had the property valued in December 2007 at 295,000 and the outstanding mortgage, interest only is 117,000. My beneficial equity under the Deed of Trust is about £126,000 but there is an existing charging order of £7...
by noendyet
Tue May 13, 2008 9:01 pm
Forum: postings for may
Topic: Will a charging order be filled without the equity
Replies: 10
Views: 1762

I have been in debt management for 4 years now, and have paid a third off the original debt, but the remaining debt will still take 10 years to complete and hasn't reduced. One of my creditors now wants a final charging order on my property, which is held in a Deed of Trust, but my beneficial equity...
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