Will I lose my home if I get a charging order?

Will I lose my home if I get a charging order?

In general, a charging order doesn't lead to the loss of a home, particularly if the amount of debt is small in relation to the overall size of the property and also, particularly, if you've asked the court for your home to be protected. Interestingly, if you compare what happens when you consolidate a debt by, for example, increasing your mortgage, then can't afford it, you end up losing your home. If instead the unsecured debt had resulted in a charging order, chances are you'd have kept your home.