Debt Collectors
Discussion
Having used recommended debt collectors in the past I'd also consider getting advice on how to process it through the courts yourself.
I employed debt collectors, all it did was increase my losses...
Do whatever backgrounding into the person/company you can, persistent non-payers aren't that bothered by debt collectors/courts, they're well versed in avoidance tactics.
I employed debt collectors, all it did was increase my losses...
Do whatever backgrounding into the person/company you can, persistent non-payers aren't that bothered by debt collectors/courts, they're well versed in avoidance tactics.
The amount mentioned exceeds £5000, so if there's no dispute over the debt, then consider a Statutory Demand.
https://www.gov.uk/statutory-demands/overview
https://www.gov.uk/statutory-demands/overview
http://www.nelsonslaw.co.uk/site/services/bus/busd...
Very good, professional and good results.
AVOID anyone who claims to be ex paras/ special forces you will only add to your losses
Very good, professional and good results.
AVOID anyone who claims to be ex paras/ special forces you will only add to your losses
nikaiyo2 said:
http://www.nelsonslaw.co.uk/site/services/bus/busd...
Very good, professional and good results.
AVOID anyone who claims to be ex paras/ special forces you will only add to your losses
Excellent, do you have a contact name there?Very good, professional and good results.
AVOID anyone who claims to be ex paras/ special forces you will only add to your losses
If its invoice we use thomas higgins, About £4 for a 7 day letter.
If you issue summons after you have to pay 4% of the cost on 6.5k, so best to try prior even threatening them with the 4% charge.
Solictor might be worth asking as well>
Alternative Dispute Resolution
Under the Pre-Action PD, prospective litigants are required to consider whether negotiation or some other form of alternative dispute resolution might enable them to settle their dispute without commencing legal proceedings. ** is prepared to meet with you in order to discuss its claims against you and ways in which those claims may be resolved. An unreasonable refusal on your part to consider alternative dispute resolution may be held to constitute non-compliance with the Pre-Action PD and may result in sanctions being applied against you.
If you issue summons after you have to pay 4% of the cost on 6.5k, so best to try prior even threatening them with the 4% charge.
Solictor might be worth asking as well>
Alternative Dispute Resolution
Under the Pre-Action PD, prospective litigants are required to consider whether negotiation or some other form of alternative dispute resolution might enable them to settle their dispute without commencing legal proceedings. ** is prepared to meet with you in order to discuss its claims against you and ways in which those claims may be resolved. An unreasonable refusal on your part to consider alternative dispute resolution may be held to constitute non-compliance with the Pre-Action PD and may result in sanctions being applied against you.
PurpleMoonlight said:
Get as far as a County Court judgement by yourself and then involve bailiffs if necessary.
seems to be the general upshot - as any 'debt collector' otherwise is on a fishing expedition at your cost ... why do you think the 'debt purchasers' ( rather than debt factors) only pay pennies on the pound
elanfan said:
Can someone explain to the great uneducated like me what a Statutory demand is and what circumstances it can be used. If it fails to ellicit the required result what can you do then? Can you escalate to high court and send the bailiffs in?
see the link given previously basically if you issue a stat demand and they don't respond within 21 days the next step is to get them wound up / bankrupted...
if you get court orders i,e, CCJs etc as well there is also the option of going bailiff / HCEO route as well
elanfan said:
Can someone explain to the great uneducated like me what a Statutory demand is and what circumstances it can be used. If it fails to ellicit the required result what can you do then? Can you escalate to high court and send the bailiffs in?
On a practical basis, it may be used where there's an undisputed debt above the applicable threshold.It's the first step in forcing the winding-up of a company (or personal bankruptcy). Debtors tend to respond to such notices, and usually pretty quickly.
On a very basic level, it's a formal notice saying "You owe me ££££, I am taking steps to force your business to close and I will get my money via the Official Receiver."
Vixpy1 said:
Excellent, do you have a contact name there?
TBH I don't deal with them directly, it's not my area of grief if you get me! I think it was a guy called Mac.agtlaw said:
On a practical basis, it may be used where there's an undisputed debt above the applicable threshold.
It's the first step in forcing the winding-up of a company (or personal bankruptcy). Debtors tend to respond to such notices, and usually pretty quickly.
On a very basic level, it's a formal notice saying "You owe me ££££, I am taking steps to force your business to close and I will get my money via the Official Receiver."
Don't you potentially open yourself up to all manner of costs if you issue a statutory demand and it is disputed, thinking injunctions etc. Also aren't you responsible for the winding up costs if you force it?It's the first step in forcing the winding-up of a company (or personal bankruptcy). Debtors tend to respond to such notices, and usually pretty quickly.
On a very basic level, it's a formal notice saying "You owe me ££££, I am taking steps to force your business to close and I will get my money via the Official Receiver."
I don't often have any problems but Colin at www.matrixlegal.co.uk saved the day for me last year (or was it the year before?) when a pair of likely lads tried to rip me off for £2500 - the Judge ripped 'em a new one!
Highly recommended. Based in Merseyside/Lancashire but covers all over, a mine of info & genuinely helpful.
Highly recommended. Based in Merseyside/Lancashire but covers all over, a mine of info & genuinely helpful.
WinstonWolf said:
Having used recommended debt collectors in the past I'd also consider getting advice on how to process it through the courts yourself.
I employed debt collectors, all it did was increase my losses...
Do whatever backgrounding into the person/company you can, persistent non-payers aren't that bothered by debt collectors/courts, they're well versed in avoidance tactics.
Agree with this, the same has happened to me, I've just ended up chucking good money after bad. End of the day, even if you do get as far as court and you do win, you'll then have to try and get the money. If the company as no assets and you don't have a directors guarantee then there isn't much a county court bailiff can seize. Before you go down this route, work out what you can afford to spend trying to recover the money and also run a company search to see if they have any assets.I employed debt collectors, all it did was increase my losses...
Do whatever backgrounding into the person/company you can, persistent non-payers aren't that bothered by debt collectors/courts, they're well versed in avoidance tactics.
RanchoGrande said:
even if you do get as far as court and you do win, you'll then have to try and get the money. If the company as no assets and you don't have a directors guarantee then there isn't much a county court bailiff can seize.
Simple, escalate to High Court. It's cheap and it works. You're wasting your time with any of the County Court remedies.Simpo Two said:
RanchoGrande said:
even if you do get as far as court and you do win, you'll then have to try and get the money. If the company as no assets and you don't have a directors guarantee then there isn't much a county court bailiff can seize.
Simple, escalate to High Court. It's cheap and it works. You're wasting your time with any of the County Court remedies.Gassing Station | Business | Top of Page | What's New | My Stuff