How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask UK-Justice Your Own Question
UK-Justice
UK-Justice, Barrister
Category: UK Bankruptcy Law
Satisfied Customers: 16193
Experience:  Called to the Bar in 2007
41133288
Type Your UK Bankruptcy Law Question Here...
UK-Justice is online now
A new question is answered every 9 seconds

Can you explain the difference between a "Charging Order" and

This answer was rated:

Can you explain the difference between a "Charging Order" and a "Charging Order Restriction" please. Also, is it correct that a charging order can not be granted on a jointly owned property if the debt is owed by just one of the owners?
Thanks for your question. Please remember to rate my answer SMILEY FACE OR ABOVE so that I am credited for my time.

Is the Charging Order granted by a Court?
Customer: replied 4 years ago.

I just need to understand the difference, but yes, it would be granted by a court.

A charging order is granted by a Court normally as a result of a CCJ.

This can be granted on JOINT property because the charge is in the interest on the debtor.

The Restriction is what is entered at the Land Registry.

It is a Restriction as a RESULT of the charging order from the Court.

I hope this helps.

Please remember to click *** OK SERVICE *** or above so that I am credited for my time. The question does not close and you can ask follow ups.

Important: If you feel the need to rate as one of the lower two scores, it counts as negative feedback so please reply to me via the REPLY with any further questions you may have. I will be happy to assist you further.
UK-Justice and other UK Bankruptcy Law Specialists are ready to help you
I'm just following up with you to see how everything is going. Did my answer help?

UK-Justice
Customer: replied 4 years ago.

Hi .... not sure yet ..... still waiting for the first "attack" after the new legislation to see if I am still able to assist in its defence.

ok :)
UK-Justice and other UK Bankruptcy Law Specialists are ready to help you