Charging orders : LUSENET : Repossession : One Thread

if a charging order is made against a house, is there a specified time limit by which the house must be sold to repay the debt - also the debt is for less than 1600 and was unsecured. instalments were being made but were not being accepted by creditor who wanted full amount in one lump sum.

-- Nicki (, January 02, 2003


I for one cannot understand [maybe I am thick] but if it was unsecured how is it a charge was put on your property? the way I understand it a charge is a loan or whatever secured against the property?

-- David (, January 06, 2003.

A charging order can be made if the creditor has obtained a CCJ although the creditor needs to apply for one, either at the hearing date or if payment schedule is broken. There is a new law coming into force which will allow any creditor to obtain a charging order even if the payments are kept upto date. In other words in a few years there will be no such thing as an unsecured debt!

Cant help on original question, may I suggest posting on either or

-- Sue (, January 06, 2003.

check on the websites as advised, but as a general rule a secured creditor owes virtually no meaningful duties to the debtor as to time of realisation, price etc. it is only in failry extreme circumstances that the courts have interfered.

-- derek duval (, January 16, 2003.

this is not really an answerto you, but how do you know if a charge has been made on your property?

-- julie (, December 04, 2003.

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