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Debt Management

Debt Management

What are CCJs and why are they served?

We hear a lot about CCJs, or County Court Judgments, however, many aren’t aware what a CCJ is, what to do if you are issued with one and how they can affect you. A CCJ will be issued when a debtor has failed to pay what they owe to a creditor. What is the legal process? The creditor must...

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Debt Recovery

Debt Recovery: When to call in a solicitor

Small businesses often rely on their cash flow to keep their daily operations running, which is why unpaid debts owed to such businesses can threaten their ability to remain operational. With smaller debts, it is sometimes worth writing them off rather than pursuing legal action, but even though it ...

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Litigation

Bringing a debt claim – new rules

On 1 October 2017, the Pre-Action Protocol for Debt Claims (“the Protocol”) came into force. This is essentially a set of rules which need to be adhered to before Court proceedings will be issued for debt claims. A brief  overview of the Protocol is set out below. Who does it apply to? The...

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