Friday, 1 July 2011

Can I Stop A Charging Order With A Debt Management Plan?

If a charging order is issued against you, the associated debt will be secured against your home. This can be prevented if the right steps are taken to manage your debt problem. If you are a home owner and you have been issued with a county court judgement (CCJ) which you do not pay, the creditor can apply for a charging order. Once this is issued, the unpaid debt will be secured against your home. The receipt of a charging order does not mean that your creditor can force you

credit card debt....

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