Clare Arthurs & Richard Marshall share an (almost) A to Z of enforcement of a UK money judgment
Attachment of earnings
Money is paid directly from judgment debtor’s wages/salary into court by the debtor’s employer to satisfy the judgment debt.
Bankruptcy proceedings
You can currently apply to make an individual judgment debtor bankrupt for a judgment debt in excess of £5,000. The limit is £500 for applying to put a company into liquidation. The nuclear options.
Charging order
A charge imposed over land, securities or other valuable assets in which the debtor has a beneficial interest. Swiftly followed by order for sale.
Due & enforceable
Is the judgment debt overdue? Has the judgment been served on the judgment debtor and/or is there an outstanding challenge to the judgment?
European Enforcement Orders...
allow a judgment creditor to freeze some or all of the funds within any bank account held by a debtor located within the EU. Useful for now. Unlikely to have featured highly in Brexit negotiations just yet!
Freezing orders...
may be required to prevent a judgment debtor moving assets
