I have a situation where I have a property folio that has numerous(4 in total) charges/burdens attached to it. I have defaulted on payments and therefore Bank of Ireland are at charge No. 1 and are making moves to sell it, they have recently put it on the market. Their asking price is very low and the property would also be in negative equity so basically if they sell it, the price they get wouldn't cover what they are owed let alone the others at Charges 2, 3 & 4. What happens in this case, would the others at charges 2, 3 & 4 allow this to go ahead or do they have a choice? Is it true that whoever has charge 1 can decide to sell and if there isn't anything left for the rest then it just gets sold? In that case do all the charges get removed from folio when the sale goes through i.e a clean title?