a means of securing a debt by placing a charge onto the debtor's immovable property, particularly a house or land, although it can also be used against shares
an order entered by a court which orders the limited partnership or limited liability company to pay to the judgment creditor any distribution (but not wages) that is to be distributed to the owner, until the judgment is paid
an order that gives you a legal charge over the debtor's title to a property or shares in a company
a remedy that is affirmatively sought by a creditor
a temporary remedy that has the effect of assigning income to the creditor until the judgment is paid
This secures the debt on your home usually with conditions concerning payments. A charging order has the effect of converting an unsecured debt into a secured one.
An order made by the court, which gives the trustee a legal charge on the debtor's interest in their home.
Court order placing restrictions on the disposal of certain assets, such as property or securities, given after judgement and gives priority of payment over other creditors.
an order against part of or all of a debtors property, against whom judgment has been obtained. The property is made security for them outstanding debt and can be sold
A court judgement which a creditor may get against the person or organisation which owes the money, giving the creditor security over the debtor's property for repayment of the debt.
an order made by a District Court Judge preventing a defendant from selling or disposing of specified land or assets without first resolving their fines.
A creditor with a judgment debt can apply to Court for an order against property in which the judgment debtor has in interest. This order places restrictions on the disposal of that property and it gives the creditor priority of payment over other creditors.
This is an order which is obtained by the creditor and imposed/reinforced by the court, to collect outstanding unsecured debt. It gives the creditor priority over assets should the property be sold, and when made absolute can be used to force sale.
A Charging order, in English law, is an order obtained from a court or judge by a judgment creditor under the Judgment Acts 1838 and 1840, by which the property of the judgment debtor in any stocks or funds stands charged with the payment of the amount for which judgment shall have been recovered, with interest.