A freezing order normally only lasts for 7-14 days unless it is then extended by the court at the next hearing. Let us help advise you.
A freezing order is initially granted on what is called an interim basis i.e. it only lasts for an specific initial period of time – normally 7-14 days.
This is because most freezing orders are granted without any notice to the receiving party in order to avoid tipping that party off in advance and allowing them the chance to put their assets beyond the reach of the party owed the money.
At the end of the 7 or 14 days, there is then another court hearing date (known as the return date) at which the various parties then attend court. At that hearing, the court can do a number of things
- vary the terms of the freezing injunction itself but keep it in place until the trial of the main claim or until the court makes a further order in relation to the freezing order itself;
- keep the freezing injunction as it is until trial or further order;
- discharge the freezing injunction if a successful application has been made by the respondent for it to be dismissed.
If it is continued until “trial or further order”, the freezing injunction remains in place until there is a trial of the underlying claim itself or the parties otherwise agree by consent at a later stage for the freezing order to be withdrawn. The latter normally happens upon settlement.
Therefore, a freezing injunction can last for different periods of time depending upon the agreement or otherwise of the parties concerned in the application.
Our expert team of freezing injunction order solicitors can assist whatever your enquiry. Our knowledge of freezing injunctions is unrivalled having dealt with many such claims over the years. We can assist you whether you are a claimant, defendant or third party.