Charging Orders as an Enforcement Remedy - All You Need to Know
Speaker
Introduction
For lawyers with clients of any shape, size, variety or specialism, debt recovery and subsequent enforcement action is an important skill.
Whilst obtaining a court judgment against a debtor is a necessary first step, the real skill is utilising the most appropriate method of enforcement to achieve a successful outcome for your client.
Charging Orders have always been a popular enforcement remedy for judgment creditors and we are seeing them being used more and more in these challenging economic times. The cost of living crisis and inflation rates have led to individuals and businesses alike being less cash rich and thus unable to repay debts immediately to their creditors.
For this reason, securing the judgment safely, until funds are able to be released, can be a very positive step. However, it is still not without challenges.
This virtual classroom seminar will explore the charging order process from start to finish and also consider when pursuing an order for sale may be beneficial.
What You Will Learn
This live and interactive course will cover the following:
- When and how to apply for a charging order - practice and procedure
- The importance of the registration process - and getting it right
- Recent and relevant case law updates in this area
- The interaction with bankruptcy and the potential consequences
- Enforcing the charging order via an order for sale
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.