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The board would want £10,000 of the £25,000.00 that was awarded leaving the legal aided person with only £15,000 out of the £25,000. Ouch! With regards to the exemption, if the amount that was being argued over was £10,000 and the award was 50/50 then half of £10,000.00 being argued over (assuming 50/50) is £5,000.00. There is a £5,000.00 exemption ring fenced and therefore the board would get nothing.
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Make sure to pay ALL future fills and obligations online. This is an obvious one of course, but it is so very important to keep things completely clean at all points forward.
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There are several other specific and little-known steps that can accelerate your success with getting the right kind of mortgage and can help you avoid a bad credit mortgage--make sure to keep reading and researching.
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