Bankruptcy threshold is raised to £5,000

The government has significantly increased the threshold for creditors petitioning individual debtors from £750 to £5,000 which came into effect on 1 October 2015 i.e. the debt now has to be at least £5,000 before you can issue a bankruptcy petition. Many welcome the move as a means of preventing ruthless creditors from bankrupting people (...)

Collections and Customer Services Awards 2015

We were recently shortlisted as finalists in the category of “Legal Services Provider of the Year” at the Collections and Customer Services Awards 2015.  This award category is open nationally to debt collection agencies or law firms offering litigation and other legal based collections and recovery services.  The winners were announced at a black tie (...)

New round of court fee rises could cripple SMEs!

The Justice Minister has recently announced proposals for a further rise in court fees. We recently campaigned against the dramatic increase in court issue fees which took place in March this year where court fees were increased by as much as 622%! There are now proposals to double the maximum court issue fee for money (...)

Phil’s charity bike ride… through the Alps!

In just a few weeks’ time, Phil Weldon, one of our associate solicitors, will be donning lycra and setting off on a bike ride from Geneva to Nice. Its 90 miles per day for 4 consecutive days would be difficult enough, but Phil will also have to deal with the added complication of the route (...)

Recovery of Goods and Retention of Title claims

What can you do when one of your customers has gone into insolvency and you are aware they still retain goods you have supplied which remain unpaid? You can consider making a Retention of Title (“ROT”) claim to attempt to recover such goods, this is on the proviso that you have a ROT clause incorporated (...)

Article for The Law Society by our Keith Jones

Our vey own Keith Jones was invited by The Law Society to submit an aticle to comment upon the deep impact the recent substantial increase in court fees will have. Please click here to read the published article. Irrespective of who will be in power after the General Election in May, we intend to continue (...)

Know your customer!

It may sound obvious but it is crucial to ensure that you are fully aware of the true identity of your customers and/or clients. For example if someone describes themselves as “X and Co” are they a limited company, limited liability partnership, a sole trader (trading under this name), a partnership or another form of (...)

Winding Up as an alternative debt recovery solution

With the recent increase in Court fees, many clients are faced with having to look for alternatives to issuing traditional Court proceedings. Even for larger debts, Winding Up debtors (applicable when the debtors are companies or LLPs) was often seen as quite an expensive option, but not any more. In County Court proceedings, regardless of (...)

Dramatic increases in court fees causing concern

The MoJ recently announced plans to raise revenue from the court system by introducing a new structure for fees for bringing money claims over the value of £10,000. The announcement can be found by clicking here. Under the proposed system, the court fee to issue money claims over £10,000, will be calculated as 5% of (...)

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