Being owed money is stressful. You may have carried out work, supplied goods, or lent money in good faith. Yet the debtor ignores your calls and letters, leaving you unpaid.
Unpaid debts can damage your business or personal finances. Therefore, it is vital to act quickly. Early legal advice stops the debtor from avoiding their responsibilities and improves your chance of recovery.
Swift action often means the difference between getting your money back and never seeing it again.
I offer practical and cost-effective debt recovery services. If a debtor owes you money, I can help you secure a County Court Judgment (CCJ).
The court judgment includes:
The debt owed.
Statutory interest.
Compensation.
Solicitors’ fixed costs.
Court fees.
Once entered, the judgment requires immediate payment. It also places the debtor’s name on the Register of Judgments, Orders and Fines. If the debtor pays within one month, they can apply to remove the entry.
However, the court does not enforce the judgment for you. If the debtor fails to pay, you must take enforcement steps.
I can assist you in enforcing judgments when debtors still refuse to pay.
Warrant of Execution – County Court Bailiffs enforce judgments under £600.
Writ of Control – High Court Enforcement Officers enforce judgments over £600.
Attachment of Earnings Order – Money is taken directly from the debtor’s salary. This is effective if disclosure could harm their employment.
Order to Obtain Information – The court orders the debtor to provide details of income and expenditure.
Charging Order – If the debtor owns property with equity, a charge can secure the debt. They cannot sell without paying you first.
Third Party Debt Order – If someone else owes the debtor money, the court can direct payment to you.
Winding-Up Petition – For companies that refuse to pay. The court can close the business.
Bankruptcy Proceedings – For individuals who fail to pay. The court can declare them bankrupt.
Every debt case is different. The right enforcement method depends on the debtor’s circumstances. Importantly, seeking professional advice helps you choose the most cost-effective and efficient option.
With my support, you can act quickly, protect your finances, and recover what you are owed.
Do not let unpaid debts damage your business or personal finances. The sooner you act, the better your chances of recovery.
Call 020 3972 9011 today or complete our online enquiry form to speak directly with an experienced debt recovery solicitor.
I represent clients nationwide and can assist you immediately with debt recovery and enforcement.