Category: CCJ

  • 3 steps to determining a customer’s creditworthiness

    If you supply customers with a product or service, then offering a credit facility is a great selling point, but it doesn’t come without its risks. Whilst it is impossible to completely safeguard yourself from non-paying customers, it pays to have a system in place for checking a company’s credentials before you commit to working…

  • CCJs Issued Against Businesses on The Rise Again

    After a long period when the number of CCJs issued against businesses was in decline, the third quarter saw a sharp increase. This suggests that companies are currently far more willing to take their claims as far as a CCJ than they have been for quite some time. 32,629 business CCJs were issued in the…

  • 3 Things You May Not Know About the Enforcement Process

    If you have taken someone who owes you money to court and you win the case, then the debtor has only a limited time to pay you what they owe or face the prospect of bailiffs coming to their premises. This part of the enforcement process is governed by the following actions you may not…

  • Are You Struggling with Pre-Action Protocol? We Can Help

    It has now been more than a year since the Debt Pre-Action Protocol was rolled out to a less than enthusiastic reception from anyone who has had to chase debtors. The new rules meant that debt recovery was about to get a lot harder in cases where people have been able to exploit obvious loopholes.…

  • Is Your Client Too Big to Fail?

    There is a certain amount of comfort to having larger business clients you tend not to get from dealing with smaller more volatile businesses. This often comes from the false belief that this sort of client is too big to fail. Unfortunately, this belief can be misplaced leading to complacency and lack of planning for…

  • Common Late Payment Excuses And How To Deal With Them

    If you have been in business for anytime, the chances are you will have heard at least one, if not all the following excuses for late payment. Should you just believe what your customer says or take some early action before the situation gets out of hand? “I can’t pay you until my customer has…

  • Rise In Invisible CCJs

    County Court Judgements are on the rise amongst people who are unaware they have received them according to an investigation by the Daily Mail Newspaper. This has left many families distraught that they have been prevented from buying houses or worse having to sell homes and businesses to pay off debts. The process of issuing…

  • Business CCJs Fall Following Court Fee Increase

    The rise in fees on commercial disputes amounting to more that £10,000 appears to have led to a significant slump in the number of CCJs issued to businesses. This has prompting concerns that smaller businesses and contractors are now being prevented from pursuing claims because the cost means it isn’t worth it. This in effect…