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Charging Order? The myth

blueback · 2009-07-26 10:28:57

I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…

Comments

eggbox Posts: 1,831 Forumite

26 September at 6:09AM

A Form K Restriction is notification of a Charging Order, it's the CO that may or may not be subject to interest. A charging order made for a CCA debt (a loan or credit card say) isn't allowed to attract interest. But for any other type of debt it's usually 8% a year.

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