As a debt recovery specialist, I understand the challenges creditors face when attempting to recover outstanding debts. Charging Orders can be a game-changer, providing a legal means to secure debts against a debtor’s property. If you’re ready to enhance your debt recovery strategy, read on and discover the potential of Charging Orders. And remember, I’m here to provide expert advice tailored to your unique situation, so feel free to reach out.
The Charging Order Process
Initially, an application is submitted to the Courts using a two-pronged process. This usually takes around 6-9 weeks to finalise.
Application: As a debt recovery specialist, I’ll help you apply to the court for a Charging Order. You’ll need to provide evidence of the debt and the property ownership.
Order Issuance: A Charging Order is granted once the court approves the application. This secures your debt against the property.
Debtor’s Response: The debtor is allowed to respond to the Charging Order. If they fail to do so, the process continues.
Charging Orders can be a potent solution if you’re facing the challenge of recovering debts. As a debt recovery specialist, I’m here to guide you through the intricacies of the process.
Contact me today for expert advice and tailored solutions that work for you. Your path to successful debt recovery starts here.