is charging order enforceable

[djc]

WE have an old unsecured loan that was subject to a ccj and later a charging order was secured against our property.

 

We believe that the original debt has been sold to a well known debt collectors.

 

Question is the charging order still valid if original debt has been sold.

 

hope you can help

djc

[debbbbsy]

Thre Charge remains with the Land registry until it is marked as settled. So to your question ...YES.

 

The question is, if the debt is secured why has it been sold.

 

Is the DCA aware of tthe ccj/charging order ?

 

For the DCA to further enforce the CO they need to apply to the courts to be substituted as the claimant....have they done this ? They will also need a copy of the court documents.

 

You need to SAR the Original claimant and establish the current status of the debt. If you can discover why it has been sold..this may put you in a position of power to negotiate a settlement.

 

Debs xx

[freakyleaky]

This may be useful if you've not already seen it.

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=15_charging_orders_in_the_county_court

[djc]

Thank you for your imput. I will try to establish the current ownership of this debt.

 

back in a few days

 

regards djc