Some debtors, and occasionally their solicitors, believe that High Court enforcement of judgement against a limited liability company cannot be executed at a home address. I can confirm that this is not the case. Enforcement of judgement can and regularly does take place under these circumstances by Sherriff Officers, often with high success. The Sherriff’s…
It came as no surprise to me that a recent BACS study found SMEs in the UK are owed a staggering £26.3bn in overdue payments. As a debt recovery solicitor, I’m all too aware of the day to day impact late payments have on the Essex small businesses I help. The fact is, cash flow…
If you want to make sure that you stand a fighting chance of getting paid after you have done your work or supplied your goods or services, take note. Terry Maylin of TM Law solicitors is one of the best in the business at getting back money owed to his clients. The following is a…
Following the recent revamp in the rules relating to enforcement of judgment there are now four stages. Compliance stage – sending the notice of enforcement. Enforcement does not proceed if the debt is paid in full in this stage Enforcement stage 1 – the EA attends the debtor’s premises to take control of goods. If…
TM LAWS TOP TIPS TO HELP MAKE SURE YOU GET PAID 1. Know who you are dealing with. Sounds really obvious but is not only crucial but very often got wrong. 2. You can deal with someone as an Individual, as a sole trader, as a partnership or as a limited company. Identify which they…