PIA - What happens next re Judgement Mortgages

Futurelookin

Registered User
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Hi,

Not sure if this should be here or in Legal.

PIA is about to be passed. This is an accelerated PIA so will run for 12 months. Three questions:

Does PIA start from date of PC or Creditors Meeting Vote or from another date when relevant paperwork is signed?

Do I need to wait 12 months to get judgements against home vacated? (They are treated as unsecured debts in the Proposal to creditors and proposal is about to pass with holder of judgements voting in favour of the proposal).

Does the vacation of judgement happen automatically under a PIA or does it require the same process as would happen otherwise? Which is?

Many thanks in advance.
 
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