New Guidance on Debt Recovery
We have changed the structure of the Debt Recovery folder, so that the documents are clearly divided into four sections: Payment Reminder Letters, Repayment Agreements, Legal Action Letters and Court Forms and Statutory Demands. Our documents (including letters, agreements and court forms) cover chasing debts, settling debts by negotiation, taking legal action and enforcing a court order. There is also the option of serving a statutory demand to threaten the debtor with insolvency should the debt remain unpaid.
We have updated some of our documents and explanatory notes to reflect up-to-date practice in the civil courts. We have also added some new court forms relating to enforcement of judgments.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.