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T O P I C R E V I E W
joella68
Posted - 18 November 2008 : 20:40:18 hi all please can anyone tell me what a charging order is ?
jo
3 L A T E S T R E P L I E S (Newest First)
Needafriend
Posted - 18 November 2008 : 21:13:50 Your welcome.
Glad i could help. :-)
Jo x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Jo's Links and added info on Bankruptcy! http://debtfreejo.blogs.bankruptcyhelp.org.uk/
joella68
Posted - 18 November 2008 : 21:09:45 oh ok thanks jo, i understand now x
Needafriend
Posted - 18 November 2008 : 21:04:58 Hi Jo
A charging order is a court assigned document that means basically that a creditor has a legal right against your home so that an unsecure debt becomes secured and should you sell your home they can get there monies back.
You cant sell it without them knowing as it also goes on the Land Registry.
They have to take you to court in order to get one set up. They can if they wish and you have enough equity force a sale.
Jo x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Jo's Links and added info on Bankruptcy! http://debtfreejo.blogs.bankruptcyhelp.org.uk/
