Hi all,
I hoping someone could perhaps help me, ive left something until last minute and hit panic mode!
I had to use a family solicitor following my divorce to fight my ex regarding the welfare of my children.
To cut a long story short, the bill mounted up excessively and i struggled to pay. I have paid big chunks through out but still over £2300 (Ive paid around £3000). I had issues with the solicitor and her charges and way she built up charges.
The refused to accept an offer of £50 per month towards the debt and demanded £250. I cant afford this and my debt management company (using since my divorce as my ex left me lots of debt that i am 1 year away from clearing!) wrote to them with an I & E.
I wrote a complaint letter and they have now agreed to accept £50 per month providing i agree to a voluntary charging order on my property. This is what they have said:
"We can agree on a without prejudice basis to accept payment of £50 a month towards your outstanding debt, and to waive the interest we are entitled to charge under our Terms and Conditions, if you agree to a voluntarily charge on your property to secure the debt. This offer is open for acceptance within the next 7 days and if we cannot come to a more realistic arrangement in relation to payment of our fees we will commence court proceedings and seek a charging order to secure any judgement obtained."
All my research says don't do it! But i don't fully understand the ramifications of this.
Can any one help? Offer any advice? Whether this is the right course of action to agree to?
Any help appreciated.
Thanks
Dichmau5
I hoping someone could perhaps help me, ive left something until last minute and hit panic mode!
I had to use a family solicitor following my divorce to fight my ex regarding the welfare of my children.
To cut a long story short, the bill mounted up excessively and i struggled to pay. I have paid big chunks through out but still over £2300 (Ive paid around £3000). I had issues with the solicitor and her charges and way she built up charges.
The refused to accept an offer of £50 per month towards the debt and demanded £250. I cant afford this and my debt management company (using since my divorce as my ex left me lots of debt that i am 1 year away from clearing!) wrote to them with an I & E.
I wrote a complaint letter and they have now agreed to accept £50 per month providing i agree to a voluntary charging order on my property. This is what they have said:
"We can agree on a without prejudice basis to accept payment of £50 a month towards your outstanding debt, and to waive the interest we are entitled to charge under our Terms and Conditions, if you agree to a voluntarily charge on your property to secure the debt. This offer is open for acceptance within the next 7 days and if we cannot come to a more realistic arrangement in relation to payment of our fees we will commence court proceedings and seek a charging order to secure any judgement obtained."
All my research says don't do it! But i don't fully understand the ramifications of this.
Can any one help? Offer any advice? Whether this is the right course of action to agree to?
Any help appreciated.
Thanks
Dichmau5