Charging Orders
Advice on charging orders as a way to secure an unpaid judgment against property from solicitors in Billericay, Essex.
About Charging Orders
A charging order can secure a judgment debt against an interest in property or certain other assets. It does not itself produce payment or automatically require the property to be sold. Ownership, existing charges and the debtor's circumstances affect the value and practical use of this option.
Key Points
- Check ownership and existing secured borrowing.
- Understand that security and immediate payment are different.
- Review the costs and any separate enforcement application required.
How We Can Help
We assess whether a charging order is suitable, explain the application and advise on the consequences of obtaining one. We consider it alongside other enforcement routes so that the legal steps reflect a realistic recovery strategy.
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