Comments on: Will my mortgage lender be informed about a charging order by my other creditor? http://www.wvrush.com/mortgage-lender/will-my-mortgage-lender-be-informed-about-a-charging-order-by-my-other-creditor Sun, 05 Feb 2012 23:48:01 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Nathan T http://www.wvrush.com/mortgage-lender/will-my-mortgage-lender-be-informed-about-a-charging-order-by-my-other-creditor/comment-page-1#comment-3299 Nathan T Fri, 30 Jul 2010 04:29:59 +0000 http://www.wvrush.com/mortgage-lender/will-my-mortgage-lender-be-informed-about-a-charging-order-by-my-other-creditor#comment-3299 Absolutely: a charging order will fundamentally affect the rights the mortgage issuer has on the property. In any case, a charging order can only follow a county court judgement being issued against you, and these judgements are public information anyway. Charging orders are rarely issued, so I am presuming it is a very large debt.<br><b>References : </b><br> Absolutely: a charging order will fundamentally affect the rights the mortgage issuer has on the property. In any case, a charging order can only follow a county court judgement being issued against you, and these judgements are public information anyway.

Charging orders are rarely issued, so I am presuming it is a very large debt.
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]]> By: Beverly S http://www.wvrush.com/mortgage-lender/will-my-mortgage-lender-be-informed-about-a-charging-order-by-my-other-creditor/comment-page-1#comment-3298 Beverly S Fri, 30 Jul 2010 04:13:59 +0000 http://www.wvrush.com/mortgage-lender/will-my-mortgage-lender-be-informed-about-a-charging-order-by-my-other-creditor#comment-3298 I'm not sure what a "charging order" is. If it is a lien then yes the creditor will inform the mortgage lender so that if you try to sell the property, they will get paid as well. The "lien?" will also be recorded at the registers office so any time a title search is ordered it will show up. Since they both have the property as collateral, yes they can exchange information about you.<br><b>References : </b><br>22 years in mortgage business I’m not sure what a "charging order" is. If it is a lien then yes the creditor will inform the mortgage lender so that if you try to sell the property, they will get paid as well. The "lien?" will also be recorded at the registers office so any time a title search is ordered it will show up. Since they both have the property as collateral, yes they can exchange information about you.
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22 years in mortgage business

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