Why dont you take 12 of 150 and repay it first?
A creditor has 12 years in which to enforce a judgement.Your creditor has already enforced judgement.Are you confusing your facts.
b2mac3;
I hear you and I hear your wish not to use parents funds.
If your parents purchase a house for you , you will then have asset that creditor can come after (can you risk that?)
Even if judgment cannot be enforced for 12 years , (are you prepared to wait another 6 years?)
I would presume? your parents would not be adverse to using a small sum to have you 100% set-up?
No disrespect , but maybe your way of sorting things need adjusting?
One of the options is for my parents leaving me the property in their will, providing I have lived at the address for a period of more than 3 years as my main residence I can avail of tax exemption from my inheritance tax allowance.
Gifts taken on or after 20 February 2007: Any period during which a donee occupies a house that was during that period the disponer's only or main residence will be disregarded as a period of occupation in that house unless the disponer is compelled, by reason of old age or infirmity, to depend on the services of the donee for that period. Old age refers to a person aged 65 or over.
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