The creditor had argued to no avail that because there were no innocent (non-debtor) partners to protect, the charging order protection should not apply.
Some courts have held that the charging order protection would apply in a case where all of the partners of a limited partnership were the debtors of a single creditor.
The charging order limits the creditor of a debtor-partner or a debtor-member to the debtor's share of distributions, without conferring on the creditor any voting or management rights.
Similar to the traditional liability shield commonly associated with limited liability entities, the protection of the charging order may be pierced by a creditor.
We're concerned charging orders are being used to pressure people into agreeing higher repayments than they can afford or prioritise debts above other, more important ones.
Measures could involve charging orders on a property, deducting money from a person's salary, seizing assets such as vehicles, and even forcing them into bankruptcy.