Unfortunately I'm here for advice as opposed to happy reunions!
I've been living with my girlfriend for a year now and lost my job in October. She had some debt from a previous relationship which we've lumped into joint outgoings and have managed to scrape by paying them until now.
As it stands, there's a loan for approx £9k, and cards totalling £6k. All of these are in her name along with a mortgage, currently at interest only, on a property with approximately £10k equity.
With todays market we don't want to lose the house but especially as it holds significant sentimental value.
Her wages are covering the essentials, including the mortgage but there's no room left for the unsecured debt.
We are looking at a DMP until I can find more permanent work (joining the RAF in about 6 months) but are worried how charging orders work, how quickly they can be applied and if this is an instant forcing of house sale or would that only be if we didn't make payments on the newly 'secured' charging order loan?
Thanks for any help, a much older than that picture Daz!