COULD THIS BE THE FUTURE OF DEBT RECOVERY?

Connect database

If you have incurred the time and cost to obtain a County Court Judgment.  Knowing which method of enforcement to use can be difficult.  Uncertainty over your debtors’ income and assets is hard to overcome. HMRC seems to have the upper hand.  They have the Connect Database, a state of the art analytical computer system - Read More >
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COUNTY COURT JUDGMENTS

CCJ

Did you know that for a small fee you can check if an individual or company has a County Court Judgment?  There is only one register for Judgments www.trustonline.org.uk Search Details A search of the register will provide: the name and address of the Judgment debtor date of Judgment name of court that granted the - Read More >
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POOR PAYMENT CULTURE

Debt

On 13th March 2018 the Chancellor Philip Hammond made his Spring Statement.  He stated that poor payment culture was no longer an environment that would be entertained. On average businesses are paid 14 days beyond the agreed payment terms for their invoices.  Paying creditor invoices is usually 10 days beyond terms.  Such poor payment performance - Read More >
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RESIDENTIAL PRIVATE LANDLORDS INVENTORY ESSENTIALS

Deposit dispute

Many landlords do not do an inventory prior to a new tenant commencing occupation, and if they do the inventory is insufficiently detailed, should a deposit dispute arise when the tenancy comes to an end. What is also important is that any photographs or videos taken are date and time stamped.  As most of us - Read More >
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TIMESCALES FOR RESIDENTIAL POSSESSION CLAIMS

MOJ Possession statistics

If you are a private landlord, the quarterly possession statistics from the Ministry of Justice can make interesting reading.  The highlights from the April to June 2018 quarter are: Landlord possession actions have decreased, following a downward trend since summer 2014 Landlord possession claims are highest in London (with all 10 of the highest 10 - Read More >
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