Hi,
If you will have the money to pay of f the debt befor the hearing then you should write a letter to the lenders saying when and how you propose to make the payments. Send a copy of that letter to the court. Don't forget to put the case number on the court copy. That will a) get the ball rollingand b) make sure that if the lenders try to play "hardball" the court will be aware of things from the very begining.

If there is even the slighest doubt that you will be able to make the payment explain that in thew letter. The court are used to people making assurances that they cannot keep and are not impressed by them. Tell the lender everything about the timeing and if appropriate where the money is coming from. If you have some of it now send it or deliver it straight away. Don't wait till you have it all. Part payment shows honest intent.

You cannot realisticaly object to the notice of restriction as at the 6th March you will not have any grounds to. Don't agree but don't object either. In other words don't reply. I don't usually recomend that but in these circumstances I am of the view that the masterly nothing will serve you best. Additionally once you have paid the restriction will be taken off anyway. People will only find out about the restriction if they make a search and they will only do that if they are planning to lend you money secured on the house or they are planning to buy the house.

Hope that is the information you wanted but if not come back. Hope all goes well.

Problems