Charging Orders

So having seen the crunch biting some time ago we're now seeing it starting to filter through to the sharp end.

The number of creditors who have now sought a "Charging Order" has risen dramatically.

131,644 orders were made in 2007, that's a 42% rise on the previous year.

This is a fairly dramatic rise and a clear sign that savvy creditors are getting wise to over burdened debtors and taking steps to secure the debt after judgment.

Even more alarming is that the growth in Charging Orders in the last two years is now very close to 100%.

If you are owed money, you need to get ahead of the crowd or get left behind. Debt is building and it affects everyone who grants any form of credit.