Discussion
fourmotion said:
stevieb said:
why would they run the risk of going into this Time-bar if there was no need to. why give the debtor a chance to get out of it all.
Very often small businesses do not have the funds or legal resources to take someone to court, or it is simply not financially viable. eg. letter of intent to prosecute written on solicitors headed paper £85, cost for representation (or at a minimum some legal consultation prior to hearing) is a c£300 (depends on location, seniority of solicitor, complexity of case). If the debt is only £500 then its probably not worth taking them to court, especially discounting its value for your time and effort.
Thats what small claims are for.
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