Charging order

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xxxxx93

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Post by xxxxx93 » Tue Nov 12, 2013 6:15 pm
Client went through IVA 7 years ago. Had a charging order applied by a creditor in the IVA. Wanted to know if charging order still applies or if that has been removed as now out of the IVA.
 
 

Adam Davies

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Post by Adam Davies » Tue Nov 12, 2013 8:20 pm
Hi

If the charging order wasin palce before the IVA started then yes it will still be in place unless the creditor agreed to be bound by IVA and release the charge

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Andam Davies
 
 

karendwickhama

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Post by karendwickhama » Tue Nov 12, 2013 9:22 pm
Check with Land Registry - all Charging Orders/Restrictions will be detailed on the property documents.
Last edited by karendwickhama on Tue Nov 12, 2013 9:23 pm, edited 1 time in total.
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