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Debt Recovery

Owed money by an insolvent company? Here’s what to do next.

As the number of companies entering into an insolvency process soars, the chances of your business being caught in the crossfire is now higher than ever before. The latest figures from the Insolvency... Read full article

The power of a solicitor’s letter in debt recovery

A copy of a Wards Solicitors’ letter received recently, covered in rather gratifying PAID stamps, clearly shows a legal letter can work wonders when it comes to debt recovery. Highly effective... Read full article

What does a solicitor’s letter cost?

Most solicitors will be very familiar with this question – and the answer is not always an easy one to give! The majority of people can write a letter. The important part is making sure that the... Read full article

VIDEOS: Debt Recovery

We all accept that cash-flow can make or break a business. We also all encounter slow payers, non-payers or disputed debts from time to... Read full article

Small Claims limit set to rise

For all cases issued after 1 April 2013 the “Small Claims Court” limit will rise from £5,000 to £10,000. Cases worth between £10,000 and £25,000 will still be dealt with in the fast... Read full article

That’s mine! Retention of Title to upaid goods/materials

With 4,000 companies going into compulsory or creditors’ voluntary liquidation in the second quarter of 2010, the biggest threat to the livelihood of the SME can still be considered to be bad debt.... Read full article

Arrears? New rules may help

Are you in arrears on your mortgage and facing the threat of repossession? New protocol from the Civil Justice Council could help you. Changes mean that mortgage lenders may now only use... Read full article

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