Questions and Info relating to Property Issues inc, Charging Orders and Repossession

Moderators: TalbotWoods, JaneClack

By dave c
#300763 I have been advised by MBNA, that they have sold on my debt to Msl, dispite being granted a charging order over my property, gained through Restons.

In this case does the charging order remain in force or die with the change of ownership of the debt?
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By TalbotWoods
#300773 No the CCJ and Charging order can be sold on (and are): all the rights and entitlements of the CCJ and CO are sold to the new buyer as well,

So no the CO and CCJ do not die out
By dave c
#300853 Thanks for the quick reply, do you have a link to the legislation under which this transfer can legally take place?

Has this action been challenged in a court of law, as it seems to me that title over a property cannot be transferred without the other title holders concent,
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By TalbotWoods
#300863 The rights, entitlements and legalities are contained in common law, the law of property acts, consumer credit acts, administration of judgements legislation, etc.

It has been tested and the law stands