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Home>Glossary>Third-party debt order

Third-party debt order

Debt, arrears & collections
A court order that takes money directly from your bank account.

Overview

It is used to recover a debt after a judgment has been made.

Banks are instructed to freeze and release funds to the creditor.

Why it matters

  • It can affect your access to funds.
  • It is a serious enforcement action.
  • It can add stress and extra costs.

FAQs

Can I challenge a third-party debt order?

You can apply to the court if the order is unfair or causes hardship.

Does it show on my credit report?

The order itself may not, but the judgment does.

Related terms

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