CHARGING ORDERS
If a Charging Order is made against your property?
What COULD happen next?
- The details will be entered at Land Registry.
- You will not be able to sell or re-mortgage without settling the debt in full.
- Statutory interest could be applied (8%), so on a £15,000 debt it would mean £100.00 per month being added.
- The lender could apply for a Forced Sale and you could be evicted from your home.
- A Charging Order can also be made against other assets.
There might be a way to STOP all this from happening.
If the original county court judgment is based on a flawed credit agreement.
- Our solicitors could be appointed to act on your behalf.
- The Charging order could be stopped.
- Prevent any Forced Sale from happening.
- The County Court Judgment overturned.
- The County Court Judgment removed from your credit file.
- You could make NO further payments on this debt.
