Charging order definition

What does Charging order mean?

An order whereby a judgment is enforced by securing the judgment debt with a charge on any land or other real property, or securities, owned by the judgment debtor.

Charging orders are governed by the Charging Orders Act 1979. While not in itself resulting in immediate payment of the judgment debt, such an order secures the judgment creditor's interest. It also gives rise to a right to apply for an order for the sale of the secured property. The procedure for obtaining charging orders are governed by CPR Rule 73 Section I.

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Charging order is referenced 1 in Halsbury's Laws of England

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