Business Terms and Jargon Explained

What is Charging Order

Legalese Explained: Legal term: A court order directing that a charge be put on the judgment debtors property, such as a house or piece of land to secure payment of money due. This prevents the debtor from selling the property or land - without paying what is owed to the claimant.

Crown Copyright. Material taken from Her Majesty's Courts Service (HMCS) website . Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2013-07-02 09:22:49

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