Charging orders
A Practice Note providing a guide to charging orders and their effectiveness as a method for enforcing a money judgment in England and Wales. This Practice Note outlines the three-stage process of obtaining an interim charging order, a final charging order, and a subsequent order for sale to achieve the realisation of funds. It details the practical and procedural steps for judgment creditors seeking to secure a judgment debt by imposing a charge over a debtor's beneficial interest in assets such as land, securities, and funds in court. The guidance covers key considerations under the Charging Orders Act 1979 (COA 1979) and CPR 73, including the application process and requirements for serving and registering an order to protect its priority. Furthermore, this Practice Note explores the effects of a debtor's potential insolvency, including the impact of bankruptcy, administration, or liquidation on the enforcement process, and addresses the court's discretion when considering objections to a final order.
Already a Practical Law customer? Sign in
Get access to this document with Practical Law
The value of Practical Law
Deliver results and stay ahead with the help of Practical Law's built-in network of legal experts
As a legal professional, your time is a precious resource. Whether you need insights on a market-leading precedent, help navigating a new topic, how-to guidance on the law with an integrated drafting note, or a checklist to help mitigate risk, you can rely on Practical Law.
Practical Law is the only legal know-how solution supported by a team of over 650 full-time global editors who obsessively monitor the law and create resources to help you navigate the unknown and practise more efficiently.
Learn more about Practical Law
Make the most of your time and resources
Jumpstart your work
Easy-to-use tools deliver a great starting point, so you spend less time searching for templates, building presentations, or delving into unfamiliar areas.
Get how-to guidance
Practical resources provide you with in-depth expert knowledge and insights to help you work more efficiently and make informed decisions confidently.
Rely on worldwide expertise
We offer global and comparative content with thousands of assets covering critical legal topics in more than 100 countries, including weekly updates and daily alerts for EU Law.