What is a Walking Possession?
A Walking Possession is a legal document signed by both you and
the bailiff that means that the items listed have now been “seized”
or, to put more simply; they have been reserved by the bailiff
so that, if necessary, they can be sold to pay the outstanding
debt if you default on a payment arrangement. Unfortunately, if
a bailiff has gained entry into your home, if is very rare indeed
that he will leave unless you have agreed to sign a Walking
Possession.
Signing a Walking Possession
can provide a breathing space during which time arrangements to
pay the debt can be explored. There is no actual time limit in
which to pay the debt, it is simply a matter of negotiation between
you and the bailiff.
Who can sign the Walking Possession?
A walking possession agreement is usually signed by the debtor
but any responsible person on the premises, including a spouse
or partner, can, in most cases make the agreement, but in relation
to Council Tax, a Walking Possession agreement can
only be signed by the person named on the Liability
Order and it must
be signed at the time
that the bailiff is levying, not
after.
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