I have a joint property with my husband, he has a further 2 properties one of which was repossessed. The bank are now claiming a charging order of £31,000 on the property that is jointly owned. How can I protect myself as the debt is in my husbands name and I live in this property.
Thanks for replying he is allready with a company who are dealing with all the creditors they have allready paid one payment to principality building society before the application of charging order was made.He has a job and can afford monthly instalments the company are applying for the installment order to be considered at the time of hearing I am worried that I will have no choice for competetive motgage rate when I come out of the fixed term in March 2013 if there is charging order on the property.