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Rachel has obtained a money judgment against Daniel for an unpaid debt. To enforce this judgment, Rachel wants to know her options.
Which method would be most appropriate for enforcing a money judgment?
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Applying for a charging order is an appropriate method for enforcing a money judgment. A charging order secures the debt against the debtor's property, ensuring that the creditor has a claim over the debtor's assets if the debt remains unpaid. This method is commonly used when the debtor owns significant property or assets.
Key Point: Charging orders are a valuable enforcement tool in civil litigation, allowing creditors to secure their debts against the debtor’s property and providing a mechanism to recover outstanding judgments.
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