Commercial Debt Solutions (CDS) DEBT COLLECTION SERVICE

Save this PDF as:

Size: px
Start display at page:

Download "Commercial Debt Solutions (CDS) DEBT COLLECTION SERVICE"

Transcription

1 Commercial Debt Solutions (CDS) DEBT COLLECTION SERVICE Commercial Debt Solutions ( CDS ) is a division of Eaton Smith LLP, a large Yorkshire law firm based in Huddersfield. CDS caters for businesses nationally who wish to speed up their collection systems and recover the full amount on their invoices. It is important to note that it is not a scheme that will operate where: a defence is filed by the Debtor or if there is a dispute about the work carried out or the product or services supplied; there is not immediate payment by the Debtor in response to the claim form being issued in accordance with the procedure set out below; the Debtor is unable to pay; or the Debtor cannot be traced. The Service will speed up your debt collection and allow you to retain your full invoice value. Set out below is how the Service works but if you have any questions do not hesitate to contact us at CDS on or You will be required to confirm acceptance of our terms and conditions of business before we commence provision of the Service and to comply with those terms and conditions of business. THE SERVICE 1. Once you have accepted our terms and conditions of business and registered with us and we have confirmed your registration with us, you ( the Client ) will have the ability to download a standard final letter before action ( LBA ) for you to complete the relevant details and send the same to the person or business indebted to you ( the Debtor ). The LBA advises the Debtor of the involvement of CDS to have maximum impact. The LBA will require the Debtor to make payment to the Client within 7 days of the date of the LBA ( The Payment

2 Date ) and/or to raise any complaints or disputes about the sums owing and to send these to the Client, the intention being that any complaints or disputes can be dealt with by the Client before CDS issues a claim with the court for recovery of the amount owed by the Debtor ( the Claim ). 2. If the Debtor makes payment of the debt in response to the LBA, the Client must advise CDS of this so that the matter may be closed by CDS and there will be no charge made to the Client. 3. If the Debtor does not pay the debt in response to the LBA or otherwise contact the Client to raise any queries, complaints or disputes on or before the Payment Date the Client may proceed further with the Claim. The Client is then required to complete its Debtor s details and the amount of the Claim on the CDS website at and to send a copy of the LBA and copies of all relevant paper work including, but not limited to, outstanding invoices, order confirmations and delivery notes, to CDS. This can be carried out electronically by sending scanned pdf versions to the following address: if desired or by posting the information to CDS at 14 High Street, Huddersfield, HD1 2HA. Please note that the service can be much quicker if you are able to provide all details to CDS electronically. 4. It is vitally important that, when submitting the details of the Debtor to CDS in accordance with paragraph 3, the Debtor is properly identified i.e. whether it is a limited company, a partnership, or a trading name of an individual. If the Client has any doubts about who the Debtor is, then they can ask CDS to help. 5. When the information required under paragraph 3 is received by CDS a conflict of interest search will be carried out by CDS to ensure that CDS is not precluded from acting for the Client against the Debtor because, for example, we act for or have acted for the Debtor. In the rare event that a conflict of interest exists, CDS will advise the Client that it cannot act further and any

3 monies paid by the Client to CDS will be returned and if requested CDS will provide a list of some other businesses who carry out this type of work. 6. Once the documents (as required in paragraph 3 above) have been provided to CDS then the court proceedings will be issued by CDS generally within 24 hours of the Client having submitted the Debtor s details on the CDS website and having made payment of the of the court fee as defined in paragraph 21 ( Court Fee ) in accordance with paragraph 8 below.. 7. CDS will not check the details provided to the CDS website by the Client before issuing the Claim form. It is the responsibility of the Client to notify CDS of any payment made or query, complaint or dispute raised by the Debtor. The identity of the Debtor is entirely the responsibility of the Client. If there are mistakes made in properly identifying the Debtor and/or in providing CDS with details of payments made or queries, complaints or disputes raised by the Debtor, then the Court Fee and the solicitor s costs will sometimes not be recoverable from the Debtor and will have to be paid by the Client. 8. The Court Fee is paid by the Client to CDS prior to issue either by on-line payment or telephone payment. CDS will pay the Reduced Court Fee (as defined in paragraph 21) to the Court at the time of issuing the claim in accordance with paragraph 6 above. The Court serves the proceedings on the Debtor. 9. If no acknowledgement of the proceedings is filed by the Debtor within 16 days commencing with the date of issue by the Court then CDS will issue an application to the Court for summary judgment. 10. If an acknowledgement of service (i.e. a receipt of the claim form) is filed by the Debtor at Court within the 16 days following its issue but no defence is

4 delivered to the Court within the next 14 days (i.e. 30 days from the issue of proceedings) then summary judgment is entered against the Debtor by CDS. 11. The summary judgment order issued by the Court orders that the Debtor pays the invoice, the Court costs and any interest either forthwith or in a short period. 12. If the Debtor pays the debt after the issue of proceedings but before service of the proceedings he is still liable to pay the court fee, costs and interest. 13. Following the obtaining of summary judgment, the Court Bailiffs or Enforcement Officers (formerly Sheriffs Officers) are instructed to seize goods to the value of the Claim from the Debtor s premises. 14. Within 2 business days of receiving cleared funds in full settlement of the judgment from either the Debtor or the Court (which judgment includes the costs) CDS will pay the Client the full invoice value recovered from the Debtor and return the Reduced Court Fee (as defined in paragraph 21) paid in advance by the Client. 15. If the Debtor pays the debt and costs and interest to the Client then the Client retains the full invoice value and the Reduced Court Fee (as defined in paragraph 21) and agrees to pay all other sums received from the Debtor (i.e. interest, costs and admin fee) to CDS within 7 days of their receipt. 16. If the Debtor defends the proceedings or fails to make immediate payment following the judgment being issued the case is removed from the CDS preferential system i.e. the no cost system and the Client then has a number of options as set out below.

5 17. The case can be dealt with by Eaton Smith LLP who will charge the matter in their normal way, or the Client can opt to instruct other solicitors or deal with the case themselves. 18. If Eaton Smith LLP is instructed then the Client will be provided with full details of the likely costs should the matter proceed to trial and such services will be provided under the usual terms and conditions of Eaton Smith LLP which will be provided to the Client separately. 19. If the Claim is defended and is for an amount below 5,000 then it is defined by Statute as being a Small Claim and is dealt with under the Small Claims Procedure. No solicitor s costs can be recovered in the Small Claims Court. In these circumstances we advise that the Client deals with the case themselves and Eaton Smith LLP will provide the Client with the court booklet about the making of Small Claims which will assist the Client in the running of the case. 20. If after the issue of proceedings the Debtor cannot be located or the proceedings cannot be served or the Debtor is insolvent or for any other reason the case does not proceed to summary judgment and no monies are recovered then the Client will only have to pay the Court Fee and the solicitor s costs as set out on the summons as claimed at date of issue. The Client will not be responsible for any of the interest set out on the claim form. 21. The current Court Fees list is set out on our website on the Costs page. The listed Court Fees are the fees which the Court would charge you if you were to issue the Claim yourself. We charge an administrative fee per Claim to cover our costs for managing the Claim, however as we issue through the Bulk Issue Centre and obtain a reduction on the Court Fee ( the Reduced Court Fee ) as a result we are able to incorporate this administrative fee into the Court Fee you pay to us so that you will only pay us the amount that you would have paid had

6 you issued the Claim yourself. The Court Fee you pay us therefore includes our administrative fee. The only other charge to you under the CDS service would be a credit card administrative cost which is charged to us by our provider for processing a credit card payment, if that is the method you choose to pay for the Court Fees. Court fees are altered by the Court each year and each amendment to the Court Fee will be published on the CDS website. The Reduced Court Fee is recoverable from the defendant Debtor as set out above. 22. It is important to note that as a result of client requests the service runs with the minimum of client contact. CDS will proceed with each stage of the claims procedure without any communication with the Client so it is vital that the Client keep us informed of all payments, queries and all communications with or information about the Debtor. 23. The Client can log onto the site at any time to see the progress of their claim. 24. If clients wish for more contact and to be involved in the decision making then the scheme can be varied following a request from the Client in writing and CDS confirming the same with the Client in writing. 25. If the Client decides that they wish to discontinue the proceedings at any stage before its completion and before recovering the full debt interest and costs then they can obviously do so, but would then be liable to pay CDS the monies (ie solicitor s costs and interest) that CDS would have recovered had the matter proceeded as set out above.

7 26. The service provides a window into the system operating at CDS and clients will be able to see the progress of the recovering of their debts using a unique password. 27. The costs to the Client of the recovery can be nil with the Client agreeing that CDS retain any costs and interest that CDS recovers on the Client s debt as payment for the service given. Provided the scheme criteria are met, the Client should receive their full invoice value plus the Court Fee that they have paid before issue. CDS retains all other monies recovered.

Debt Recovery Pricing Structure April 2013. Debtors Residing in Scotland

Debt Recovery Pricing Structure April 2013. Debtors Residing in Scotland Debt Recovery Pricing Structure April 2013 Debtors Residing in Scotland Letters before Action Standard letter before action (LBA): 2.00 (+VAT) Business to business (Late Payment of Commercial Debts (Interest)

More information

Guide to the Debt Recovery Process

Guide to the Debt Recovery Process Guide to the Debt Recovery Process How it works, and what we The debt recovery process can seem confusing and daunting. We aim to simplify it as much as we can, and to make clear from the outset what we

More information

Debt Recovery for the NAMB

Debt Recovery for the NAMB Debt Recovery for the NAMB At Rickerbys our team are experts in the field of debt recovery. We appreciate that every business needs to maintain a healthy cash flow, and our debt recovery service can assist

More information

Debt Recovery Scheme. a helping hand. www.salaw.com

Debt Recovery Scheme. a helping hand. www.salaw.com Debt Recovery Scheme a helping hand www.salaw.com www.salaw.com 2 We understand that chasing debtors can be complicated, frustrating and time-consuming We recognise the importance of credit control and

More information

Debt Recovery and Litigation Service. April 2015

Debt Recovery and Litigation Service. April 2015 Debt Recovery and Litigation Service April 2015 2015 OUR DEBT RECOVERY AND LITIGATION SERVICE Our aim is to give the best possible service as simply and efficiently as possible...that s where we come in

More information

Understanding our Legal Process. How to get the most out of your Invoice Finance facility

Understanding our Legal Process. How to get the most out of your Invoice Finance facility Understanding our Legal Process How to get the most out of your Invoice Finance facility Contents 1. Key Aims Page 3 2. Dispute Resolution Team Page 4 3. Key Stages in Dispute Resolution Pages 5-7 4. Costs

More information

ROSSENDALE BOROUGH COUNCIL SUNDRY DEBT MANAGEMENT - POLICY STATEMENT

ROSSENDALE BOROUGH COUNCIL SUNDRY DEBT MANAGEMENT - POLICY STATEMENT ROSSENDALE BOROUGH COUNCIL SUNDRY DEBT MANAGEMENT - POLICY STATEMENT 1. Introduction 1.1. The principal objective for any debt recovery policy must be the maximum conversion of outstanding debt into cash

More information

debt recovery the complete legal solution for your business

debt recovery the complete legal solution for your business debt recovery the complete legal solution for your business Maintaining a good cash flow is vital to ensuring that your business stays ahead of the game. Whether your business suffers from consistent bad

More information

Policy and Procedures for the Recovery of Council tax and Business Rates

Policy and Procedures for the Recovery of Council tax and Business Rates Scope and Purpose of this Policy Policy and Procedures for the Recovery of Council tax and Business Rates 1 The purpose is to establish a policy to ensure consistency, equality and probity in the collection

More information

Redmond Johnson LEGAL DEBT RECOVERY REPUBLIC OF IRELAND. Currency

Redmond Johnson LEGAL DEBT RECOVERY REPUBLIC OF IRELAND. Currency Redmond Johnson LEGAL DEBT RECOVERY REPUBLIC OF IRELAND Currency Introduction The Republic of Ireland legal system is based on the British System hence many sayings and procedures are similar. However

More information

www.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy

www.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy Executive Director Business Services Rob Walsh B.A. (Hons) Solicitor www.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy Background. As part of Transactional Services

More information

DEBT RECOVERY TERMS AND CONDITIONS. THIS AGREEMENT is made the day of 2007 BETWEEN:

DEBT RECOVERY TERMS AND CONDITIONS. THIS AGREEMENT is made the day of 2007 BETWEEN: DEBT RECOVERY TERMS AND CONDITIONS THIS AGREEMENT is made the day of 2007 BETWEEN: (1) ACCOUNT RECOVERY SERVICES LIMITED (Company Number 2721022) whose registered office is at Homer House, 8 Homer Road,

More information

DEBT RECOVERY. Managing cash flow is the secret to a successful business. Poor cash flow even when

DEBT RECOVERY. Managing cash flow is the secret to a successful business. Poor cash flow even when DEBT RECOVERY Managing cash flow is the secret to a successful business. Poor cash flow even when trade is buoyant can cause significant difficulties to a small business and in extreme cases force a closure.

More information

Debt Recovery Guidance Page 1 of 5

Debt Recovery Guidance Page 1 of 5 Page 1 of 5 The guidance provided does not cover Insolvency Law but further details can be provided on request. Legal proceedings cannot be commenced until this deadline has passed. ROLE OF THE COURTS

More information

If instalments are not paid as they are due a reminder will be sent requiring payments to be brought up to date within 7 days.

If instalments are not paid as they are due a reminder will be sent requiring payments to be brought up to date within 7 days. APPENDIX 1 DEBT RECOVERY POLICY This debt recovery policy of South Lakeland District Council aims to maximise income from all revenue generating sources whilst incorporating a sympathetic approach to the

More information

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated.

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated. EX50 Civil and Family Court Fees From 6 April 2015 Important information This leaflet sets out a selection of civil and family court fees. It is not the full list, neither is it the authority on fees.

More information

WHAT SHOULD YOU DO IF A CREDITOR OR DEBT COLLECTOR DEMANDS PAYMENT OF A DEBT?

WHAT SHOULD YOU DO IF A CREDITOR OR DEBT COLLECTOR DEMANDS PAYMENT OF A DEBT? DEALING WITH DEBT COLLECTION This fact sheet is for information only. It is recommended that you get legal advice about your situation. CASE STUDY Peter received a letter from a debt collector stating

More information

EFFECTIVE DEBT COLLECTION FOR WINERIES

EFFECTIVE DEBT COLLECTION FOR WINERIES Level 2, 15 Bentham Street Adelaide, South Australia, Australia 5000 T + 61 8 8231 0088 F + 61 8 8231 0355 E reception@gropehamiltonlawyers.com.au www.gropehamiltonlawyers.com.au grope hamilton lawyers

More information

EFFECTIVE DEBT COLLECTION FOR WINERIES

EFFECTIVE DEBT COLLECTION FOR WINERIES EFFECTIVE DEBT COLLECTION FOR WINERIES An article written by Mark Hamilton for the Australian & New Zealand Grapegrower and Winemaker Magazine. The most effective debt collection strategy is to act now.

More information

Commercial Debt Recovery Service

Commercial Debt Recovery Service Davis Gregory Solicitors & Notaries Commercial Debt Recovery Service Davis Gregory Solicitors 25 Rodney Road Cheltenham GL50 1HX Telephone: 01242 235202 Email: debt@davisg.co.uk www.davisgregory.co.uk

More information

Rochdale MBC Corporate Debt Management Policy. Contents Page. Page

Rochdale MBC Corporate Debt Management Policy. Contents Page. Page Rochdale MBC Corporate Debt Management Policy Contents Page Page 1. Background and Objectives 1.1 What is a Corporate Debt Management Policy 1 1.2 Introduction 1 1.3 Objectives of the Policy 1 1.4 What

More information

PRE-LEGAL & LEGAL PROCEDURES FOR DEBT RECOVERY (SA)

PRE-LEGAL & LEGAL PROCEDURES FOR DEBT RECOVERY (SA) PRE-LEGAL & LEGAL PROCEDURES FOR DEBT RECOVERY (SA) M A R S H A L L S Solicitors Level 10 111 Gawler Place Adelaide 5000 Telephone: (08) 8213 4000 GPO Box 648 Adelaide 5001 Facsimile: (08) 8213 4099 Email

More information

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated.

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated. EX50 Civil and Family Court Fees From 22 April 2014 Important information This leaflet sets out a selection of civil and family court fees. It is not the full list, neither is it the authority on fees.

More information

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated.

Court fees are payable at the time you file any document or commence any process requiring a fee, unless otherwise stated. EX50 Civil and Family Court Fees High Court and County Court - From April 2011 Important information This leaflet sets out a selection of civil and family court fees. It is not the full list, neither is

More information

IMF (Australia) Ltd. Combined Financial Services Guide and Product Disclosure Statement

IMF (Australia) Ltd. Combined Financial Services Guide and Product Disclosure Statement IMF (Australia) Ltd Combined Financial Services Guide and Product Disclosure Statement Dated the 18th day of January 2010 FINANCIAL SERVICES GUIDE & PRODUCT DISCLOSURE STATEMENT PAGE 2 1. Introduction

More information

Expert advice. Practical solutions. Personal service. 1

Expert advice. Practical solutions. Personal service. 1 Debt recovery talk In these uncertain economic times, it is very important that businesses make sure that their credit control is properly organised and enforced. Failure to do this will result in substantial

More information

T: 01483 408780 E: info@setfords.co.uk. T: 01483 408780 E: info@setfords.co.uk W: setfords.co.uk. Setfords Legal Guides. For Business.

T: 01483 408780 E: info@setfords.co.uk. T: 01483 408780 E: info@setfords.co.uk W: setfords.co.uk. Setfords Legal Guides. For Business. Setfords Legal Guides For Business Debt Recovery T: 01483 408780 Debt Recovery We understand that your debts need to be recovered quickly and efficiently. Our experienced team offers advice on the most

More information

DEBT RECOVERY. 0800 999 3573 elselaw.co.uk LEGAL SOLUTIONS FOR YOU AND YOUR BUSINESS

DEBT RECOVERY. 0800 999 3573 elselaw.co.uk LEGAL SOLUTIONS FOR YOU AND YOUR BUSINESS Does getting paid for the work you do, on time with the minimum of fuss, sound attractive? 0800 999 3573 elselaw.co.uk LEGAL SOLUTIONS FOR YOU AND YOUR BUSINESS REF: 8220 10/14 SERVICES FOR BUSINESS DEBT

More information

Debt Collection Policy

Debt Collection Policy Debt Collection Policy The Purpose 1. The following debt policy provides guidance to the School Management for the recovery of all debts due to the Governing Council. 2. The debts due to the Governing

More information

BRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES

BRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES BRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES POLICY DOCUMENT Table of Contents 1. Definitions and Abbreviations... 3 2. Legal Status... 4 3. Principles for Debt

More information

Debt Recovery Services

Debt Recovery Services Debt Recovery Services We recognise the importance of effective credit control; however we also recognise that this can be a complicated and time consuming process that individuals and businesses often

More information

Our Code of Practice for Domestic Customer Debt

Our Code of Practice for Domestic Customer Debt Our Code of Practice for Domestic Customer Debt 2104/2/2011 1 Introduction This is our Code of Practice for dealing with domestic customer debt. It gives details on paying your bills, and states what we

More information

Commercial debt recovery

Commercial debt recovery Commercial debt recovery hilldickinson.com COMMERCIAL DEBT RECOVERY Outstanding debt, irrespective of volume, is detrimental to operations. For large organisations, unpaid monies add up and can considerably

More information

Terms and Conditions for Payment of Fees 2015-2016

Terms and Conditions for Payment of Fees 2015-2016 Terms and Conditions for Payment of Fees 2015-2016 All Terms and conditions shown below are secondary to the rules and regulations of the University as defined in the Student Handbook. By agreeing to the

More information

Claims against foreign debtors

Claims against foreign debtors Bierens Debt Recovery Lawyers does not work with subscriptions. By simply filing your claims via an instruction form (see enclosed or visit www.bierensgroup.com), you instruct us to collect your claim

More information

South Lanarkshire Council Debt Recovery Policy

South Lanarkshire Council Debt Recovery Policy South Lanarkshire Council Debt Recovery Policy If you need this information in another language or format, please contact us to see how we can best meet your needs. Phone 0303 123 1015 or email equalities@southlanarkshire.gov.uk

More information

Agenda Page 7 Agenda Item 10. Debt Management Policy

Agenda Page 7 Agenda Item 10. Debt Management Policy Agenda Page 7 Agenda Item 10 Debt Management Policy Agenda Page 8 Agenda Item 10 DEBT MANAGEMENT POLICY 1. INTRODUCTION The council has a responsibility to collect the income due to it. This helps the

More information

Terms and Conditions. Debt Collection Services COLLECTIONS

Terms and Conditions. Debt Collection Services COLLECTIONS Terms and Conditions Debt Collection Services COLLECTIONS SUPPLY OF SPECIFIED SERVICE VILCOL WILL SUPPLY THE CLIENT THE SERVICE AS OUTLINED BELOW OR AS AMENDED FROM TIME TO TIME BY AGREEMENT BETWEEN THE

More information

DEBT RECOVERY POLICY

DEBT RECOVERY POLICY DEBT RECOVERY POLICY OBJECTIVE 1.1 The objective of the Debt Recovery Policy is: To ensure that money owed to the Comhairle is collected as soon as possible using efficient, effective and fair debt recovery

More information

Policy On Collection of Student Fees and Related Charges

Policy On Collection of Student Fees and Related Charges Policy On Collection of Student Fees and Related Charges Scope 1. This policy relates to all fees and charges payable to the University by current and former students for the use of its facilities and

More information

Quick Guide 12: Bringing a Small Claim in the County Court

Quick Guide 12: Bringing a Small Claim in the County Court Quick Guide 12: Bringing a Small Claim in the County Court What is the County Court? County courts deal exclusively with the settlement of private disputes. They do not hear criminal prosecutions but can

More information

Debt Recovery in 2009. The Essential Guide. Grant Shackleston. Statutory Demand. Statutory Demand

Debt Recovery in 2009. The Essential Guide. Grant Shackleston. Statutory Demand. Statutory Demand Debt Recovery in 2009 The Essential Guide by Grant Shackleston Statutory Demand The primary method by which a creditor threatens a debtor with bankruptcy/winding-up proceedings. Must be a debt, and not

More information

Kevills Solicitors. Debt Management and Debt Collection. A very rough guide!

Kevills Solicitors. Debt Management and Debt Collection. A very rough guide! Kevills Solicitors Debt Management and Debt Collection. A very rough guide! Presented by: Simon A. Robinson. Partner Kevills Solicitors 32 St Thomas s Road CHORLEY PR7 1HZ Debt. All but the very luckiest

More information

Debt Recovery. The Complete Law firm. www.wilson-nesbitt.com

Debt Recovery. The Complete Law firm. www.wilson-nesbitt.com The Complete Law firm Contents Pages Our Computerised Debt Recovery System 1 Know your debtor - Look Before you Leap 2 Preliminary Steps (Pre-Litigation) 3 Court Proceedings 4 Small Claims 4-5 County Court

More information

How does HMRC work out how much income tax I owe?

How does HMRC work out how much income tax I owe? Taxes are dealt with and collected by HM Revenue & Customs (HMRC). There are different types of tax, which include those listed below. Income tax. This is a tax you pay on income you receive. National

More information

Business Debt Recovery Terms & Conditions

Business Debt Recovery Terms & Conditions Business Debt Recovery Terms & Conditions Dukes Bailiffs Limited, Dukes Court, 7/8 Newcastle Street, Stone, Staffordshire, ST15 8JT Page 1 of 9 TERMS & CONDITIONS Authorised by: Mr C Naylor TERMS AND CONDITIONS

More information

Debt Recovery Policy. Draft Copy

Debt Recovery Policy. Draft Copy Debt Recovery Policy Draft Copy Table of Contents 1. Introduction...1 2. Policy Aims...2 3. How These Link to Our Corporate Aims...3 4. Policies Common to All Types of Debt...4 5. Principles of Enforcement

More information

LEGAL GUIDE TO RECOVERING A TRADE DEBT

LEGAL GUIDE TO RECOVERING A TRADE DEBT LEGAL GUIDE TO RECOVERING A TRADE DEBT Howat Avraam Solicitors A: 154 160 FLEET STREET, LONDON, EC4A 2DQ T: 020 7884 9400 E: Matthew.Howat@hasolicitors.co.uk Unpaid invoicing is a fact of life for most

More information

UNIVERSITY OF WORCESTER

UNIVERSITY OF WORCESTER UNIVERSITY OF WORCESTER POLICY DEBT MANAGEMENT POLICY: STUDENTS Contact Officer Account Receivable Manager Purpose A detailed guide of the debt management process for the University in relation to student

More information

DEBT ADMINISTRATION PROCEDURE

DEBT ADMINISTRATION PROCEDURE Related Policy These procedures are for the implementation of the Debt Administration Policy and provide procedures to be followed by staff engaged in Debt Management and Debt Recovery and their managers.

More information

Revenue and Benefit Service

Revenue and Benefit Service Revenue and Benefit Service Draft Write Off Policy ~ 1 ~ WRITE OFF POLICY Introduction This document sets out the procedure to be followed when writing off irrecoverable amounts (including credit balances)

More information

5517 Hansel Avenue Orlando, Florida, 32809 By Phone: 1-877-832-2482 Fax: 1-877-730-5805 www.accountsreceivable.com

5517 Hansel Avenue Orlando, Florida, 32809 By Phone: 1-877-832-2482 Fax: 1-877-730-5805 www.accountsreceivable.com PLEASE FILL OUT THE CLIENT ACCOUNT PLACEMENT FORM, SIGN THE SERVICE AGREEMENT AND FAX BACK TO 877-730-5805 While debt collection is most often associated with consumer accounts, there is a growing need

More information

PERSONAL DEBT RECOVERY

PERSONAL DEBT RECOVERY PERSONAL DEBT RECOVERY Welcome to our Debt Recovery Service What is Debt Recovery? It s the recovery or payment of a sum of money owed. Recovering monies owed to you from either companies or individuals

More information

Debt Recovery Policy

Debt Recovery Policy WESTHAVEN SCHOOL WWTrust Business & Enterprise College. All policies are developed to be compliant with and supportive of the ethos and values of WWTrust and Westhaven School May 2014 Debt Recovery Policy

More information

Credit Control and Debt Management Policy

Credit Control and Debt Management Policy Credit Control and Debt Management Policy Status Final Owner Finance Source location Finance Website Consultation EB July 15 Endorsed EB July 15 Publication July 15 Review Date July 16 1 Contents 1. Introduction...

More information

Sundry Debt Management and Recovery Policy

Sundry Debt Management and Recovery Policy 1. Introduction Sundry Debt Management and Recovery Policy 1.1 Forest Heath and St Edmundsbury Councils (referred to in this document as West Suffolk or the councils ) provide a wide range of services

More information

Terms and Conditions 1. Definition 1.1 We, The Company, Our and Us means Guardian Recovery Limited whose registered office is 4 Tustin Court, Port Way, Preston, PR2 2YQ. Guardian Recovery Limited is registered

More information

Debt Recovery Policy

Debt Recovery Policy Debt Recovery Policy Debt Recovery Policy Mission Statement Promoting high quality education, love, care and forgiveness of others as taught to us by Jesus and our Patron Saints. Aim Responsibilities The

More information

INSOLVENCY (BANKRUPTCY & LIQUIDATION) AND CHARGING ORDER POLICY

INSOLVENCY (BANKRUPTCY & LIQUIDATION) AND CHARGING ORDER POLICY EK SERVICES POLICIES AND PROCEDURES INSOLVENCY (BANKRUPTCY & LIQUIDATION) AND CHARGING ORDER POLICY EK Services Insolvency & Charging Order Policy 1 Contents 1. Introduction and purpose of policy document

More information

Adviceguide Advice that makes a difference

Adviceguide Advice that makes a difference Going to court Before you go to court If you have been negotiating with a trader to try and resolve a consumer complaint but have not been successful, you may want to consider going to court. You should

More information

Legal Profession Amendment (Fixed Costs) Regulation 2013

Legal Profession Amendment (Fixed Costs) Regulation 2013 New South Wales Legal Profession Amendment (Fixed Costs) Regulation 2013 under the Legal Profession Act 2004 Her Excellency the Governor, with the advice of the Executive Council, has made the following

More information

Short Form CFA based on "APIL/PIBA 9" for personal injuries and clinical negligence claims from 1.10.2013

Short Form CFA based on APIL/PIBA 9 for personal injuries and clinical negligence claims from 1.10.2013 LAMB CHAMBERS SHORT FORM CFA for use BETWEEN SOLICITORS AND COUNSEL on or after 1 October 2013 in personal injuries and clinical negligence claims (This agreement is not suitable for claims for diffuse

More information

A Creditor s Guide to Voluntary Liquidation in Hong Kong

A Creditor s Guide to Voluntary Liquidation in Hong Kong A Creditor s Guide to Voluntary Liquidation in Hong Kong Creditors Voluntary Liquidation Creditors voluntary liquidation occurs when shareholders put a company into liquidation because it is insolvent,

More information

how to recover a debt

how to recover a debt how to recover a debt A do-it-yourself Guide for CreditorS Legal Services Commission ......... Legal Services Commission July 2014 Published with the support of the Law foundation of South Australia inc.

More information

Cheshire West & Chester Council

Cheshire West & Chester Council Cheshire West & Chester Council Debt recovery code of practice 1.0 Introduction 1.1 This code of practice underpins Cheshire West and Chester Council s corporate debt policy and sets out the approach adopted

More information

Congratulations... ...and thank you for buying a Motoring First policy.

Congratulations... ...and thank you for buying a Motoring First policy. 2 Congratulations......and thank you for buying a Motoring First policy. This document explains exactly what is covered by Licence Shield, how to make a claim, important contact details and much more.

More information

NEW PROTECTION FOR THAI GUARANTORS AND MORTGAGORS 11 FEBRUARY 2015

NEW PROTECTION FOR THAI GUARANTORS AND MORTGAGORS 11 FEBRUARY 2015 BRIEFING NEW PROTECTION FOR THAI GUARANTORS AND MORTGAGORS 11 FEBRUARY 2015 AMENDMENTS TO THE THAI CIVIL AND COMMERCIAL CODE COME INTO EFFECT TODAY. THESE CHANGES AFFECT THE WAYS GUARANTEES AND MORTGAGES

More information

Housing Benefit Overpayments Policy. December 2013

Housing Benefit Overpayments Policy. December 2013 Housing Benefit Overpayments Policy December 2013 1. Aims of the Policy 1.1. The aims of this policy are: 1.1.1. to ensure we minimise overpayments and reduce them as much as is possible when raised 1.1.2.

More information

Mortgage Conditions and Explanations

Mortgage Conditions and Explanations Mortgage Conditions and Explanations 1 Mortgage Conditions and Explanations Bath Building Society ( the Society ) The paragraphs headed Introduction and Membership Rights below are included purely for

More information

Guide to Debt Collection in Scotland

Guide to Debt Collection in Scotland There are a variety of debt collection procedures available in Scotland many of which are similar to those used elsewhere in the UK. The usual demand letters and statements will be issued but if the debtor

More information

Debt Management and Recovery Policy for Adult Social Care Debt

Debt Management and Recovery Policy for Adult Social Care Debt IN CONFIDENCE Debt Management and Recovery Policy for Adult Social Care Debt Rotherham Metropolitan Borough Council Author: Your council Riverside House Approved by: Robert Cutts Main St Rotherham S60

More information

APIL/PIBA CFA version 9, for personal injuries and clinical negligence claims, from 1.4.13,

APIL/PIBA CFA version 9, for personal injuries and clinical negligence claims, from 1.4.13, SHORT FORM CFA for use BETWEEN SOLICITORS AND COUNSEL on or after 1 April 2013 in personal injuries and clinical negligence claims (This agreement is not suitable for claims for diffuse mesothelioma.)

More information

Corporate Write Off Policy

Corporate Write Off Policy Resources Finance Corporate Write Off Policy 15th October 2001 Purpose A corporate approach to the write off of debts that aims to maximise the opportunity for collection thereby minimising the need for

More information

Fyne Homes Ltd. Common Factoring Policy

Fyne Homes Ltd. Common Factoring Policy Fyne Homes Ltd Common Factoring Policy First Approved : -- Policy Reviewed : November 2014 Next Review Date : Version No : 5 Page 1 of 11 Index 1. POLICY STATEMENT... 3 2. TERMS AND CONDITIONS... 3 3.

More information

How can I set up good credit control procedures?

How can I set up good credit control procedures? Fact sheet no. BDL NI06 When you are self employed, it is very important to manage your income and outgoings carefully. For example, if your customers do not pay you on time, it can be difficult for your

More information

A claim has been made against me - What should I do?

A claim has been made against me - What should I do? EX303 A claim has been made against me - What should I do? This leaflet explains what you can do if someone has issued a claim against you through a county court. Other leaflets referred to are available

More information

Getting and Enforcing Your Judgment in Alberta

Getting and Enforcing Your Judgment in Alberta Getting and Enforcing Your Judgment in Alberta www.albertacourts.ab.ca This booklet is for information only. It is not to be interpreted as the law. The contents of this booklet cannot be reproduced for

More information

Setting Up Fee Charging Services

Setting Up Fee Charging Services Setting Up Fee Charging Services Client Care Letter: Template for work to be paid by fixed fee or hourly rate Dear [name of Client] RE:[subject] Thank you for instructing [name of Law Centre]. Purpose

More information

Chapter 7. Guidance Notes to Solicitors Handling Civil Cases

Chapter 7. Guidance Notes to Solicitors Handling Civil Cases Chapter 7 Guidance Notes to Solicitors Handling Civil Cases 1. Purpose 1.1 These notes are intended to provide guidance on the salient points that you, as solicitor, should pay attention to when advising

More information

TEMPLE LITIGATION ADVANTAGE INSURANCE FOR DISBURSEMENTS AND OPPONENT S COSTS Certificate of Insurance

TEMPLE LITIGATION ADVANTAGE INSURANCE FOR DISBURSEMENTS AND OPPONENT S COSTS Certificate of Insurance TEMPLE LITIGATION ADVANTAGE INSURANCE FOR DISBURSEMENTS AND OPPONENT S COSTS Certificate of Insurance In return for the payment of the Premium specified in the Schedule and based on any Information that

More information

Terms and conditions

Terms and conditions Terms and conditions The Financial Conduct Authority is the independent watchdog that regulates financial services. Contained in this document is information which the Financial Conduct Authority requires

More information

Taxation & Enforcement Service. Policy Document on the use of Insolvency Proceedings (bankruptcy & liquidation) and Charging Orders

Taxation & Enforcement Service. Policy Document on the use of Insolvency Proceedings (bankruptcy & liquidation) and Charging Orders Taxation & Enforcement Service Policy Document on the use of Insolvency Proceedings (bankruptcy & liquidation) and Charging Orders 1. Background & Purpose of this document Wealden District Council ("the

More information

Guide to Statutory Demands for those presenting and receiving one

Guide to Statutory Demands for those presenting and receiving one Guide to Statutory Demands for those presenting and receiving one What is a statutory demand? A statutory demand is a prescribed type of written request from a creditor for payment of a debt. What forms

More information

Council Tax APPENDIX 1

Council Tax APPENDIX 1 Council Tax APPENDIX 1 Version & Policy Number Version 1 Guardian Date Produced 30.07.2012 Next Review Date 30.07.2013 Approved by Scrutiny Approved by Cabinet Approved by Full Council Andrea Grinney,

More information

DEBT RECOVERY IN BELGIUM Law Firm Van Dievoet, Jegers, Van der Mosen & Partners

DEBT RECOVERY IN BELGIUM Law Firm Van Dievoet, Jegers, Van der Mosen & Partners Error!Marcador no definido.introduction The implementation of Directive 2000/35/EC of the European Parliament and of the Council of June 29, 2000 into Belgian law The European directive had to be implemented

More information

Experts in debt recovery

Experts in debt recovery Local National International Debt Recovery Experts in debt recovery Every business needs to maintain a healthy cash flow and our debt recovery service can help you keep the wheels turning. There are a

More information

Debt Recovery Policy

Debt Recovery Policy Debt Recovery Policy Reviewed policy agreed by Resource on: Spring 2013 Reviewed policy shared with staff on: Spring 2013 Policy to be reviewed again on: Spring 2016 responsible for review: Resources Page

More information

STANDARD CONDITIONS FOR INDIVIDUAL VOLUNTARY ARRANGEMENTS. Produced by the IVA FORUM

STANDARD CONDITIONS FOR INDIVIDUAL VOLUNTARY ARRANGEMENTS. Produced by the IVA FORUM Protocol Annex 4 STANDARD CONDITIONS FOR INDIVIDUAL VOLUNTARY ARRANGEMENTS Produced by the IVA FORUM Revised November 2013 For use in proposals issued on or after 1 January 2014 TABLE OF CONTENTS FOR STANDARD

More information

Disconnection for arrears

Disconnection for arrears Chapter 8.. Disconnection for arrears This chapter covers: 1. When you can be disconnected for arrears (below) 2. Protection from disconnection (p120) 3. Preventing disconnection (p121) 4. At the point

More information

Council Tax Service Revenues and Benefits Unit Debt Recovery Policy 2015/16

Council Tax Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Council Tax Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Version 1.8 April 2015 1 Contents Page No. 1. Recovery process up to the liability order stage 1 2. Hardship 4 3. Recovery process

More information

Section 5: After the Disputes Tribunal hearing

Section 5: After the Disputes Tribunal hearing Section 5: After the Disputes Tribunal hearing 5.1 What if I was unable to attend the hearing? If you do not attend your hearing because you did not receive the Notice of Hearing, or for instance, for

More information

Business Rates Service Revenues and Benefits Unit Debt Recovery Policy 2015/16

Business Rates Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Business Rates Service Revenues and Benefits Unit Debt Recovery Policy 2015/16 Version 1.1 June 2015 1 1. Introduction 1.1 This policy document explains the Council s policy in respect of the recovery

More information

North East Lincolnshire Council. Debt Management Strategy

North East Lincolnshire Council. Debt Management Strategy North East Lincolnshire Council Debt Management Strategy Section Title Page No 1. Introduction 2. General Principles 3. Principles common to all debts 4. Principles of Enforcement 5. Strategy specific

More information

Tenancy deposit protection: Enforcement pack

Tenancy deposit protection: Enforcement pack Tenancy deposit protection: Enforcement pack CONTENTS Page 1. The Essentials 2 An outline of what this pack is about 2. Who can claim? 3 Easy checklist to find out if you are eligible to claim 3. Who is

More information

RICE LANE INFANT AND NURSERY SCHOOL DEBT RECOVERY POLICY

RICE LANE INFANT AND NURSERY SCHOOL DEBT RECOVERY POLICY RICE LANE INFANT AND NURSERY SCHOOL DEBT RECOVERY POLICY Policy Agreed by Governing Body.. Signed...... Review Date: OCTOBER 2015 Chair of Governing Body 1. GENERAL REQUIREMENTS The school will take all

More information

Briefing Note: Enforcement of a Judgment

Briefing Note: Enforcement of a Judgment An Introduction to the Briefing Note Obtaining an award of damages and/or costs may only be the first step in getting what you are entitled to. Where the party ordered to pay damages and/or costs (the

More information

FIXED COSTS PART 45. Contents of this Part

FIXED COSTS PART 45. Contents of this Part FIXED COSTS PART 45 PART 45 Contents of this Part I FIXED COSTS Rule 45.1 Scope of this Section Rule 45.2 Amount of fixed commencement costs in a claim for the recovery of money or goods Rule 45.2A Amount

More information

Fine Collection Notices

Fine Collection Notices Fine Collection Notices For redirection of earnings State Penalties Enforcement Registry A division of the Office of State Revenue Contents Introduction... 1 What is a fine collection notice?... 2 Role

More information

GUIDE TO DEBT COLLECTION

GUIDE TO DEBT COLLECTION LE Law Services Ltd 127 High Road Loughton Essex IG10 4LT Telephone: 020 8508 4961 Facsimile: 020 8508 6359 www.lelaw.co.uk L.E. LAW INFORMATION SHEET NO. 5 GUIDE TO DEBT COLLECTION 1. Preliminary Considerations

More information

DEBT RECOVERY POLICY

DEBT RECOVERY POLICY Diocese of Liverpool Bishop Martin and Garston Church of England Primary Schools Federation DEBT RECOVERY POLICY Spring Term 2015 (next review Spring Term 2016) The Federation aims to serve its community

More information