Paul

The Staggering Statistics of Late Payments

Jan 10, 2019

The Staggering Statistics of Late Payments Very recent statistics released by BACs (the payment company that transfers money and facilitates direct debits) has identified the staggering level of unpaid invoices and late payments suffered by UK businesses. The BACs...

Retirement Age For Judges

Jan 4, 2019

Retirement Age For Judges Currently the retirement age for Judges is 70. Due to a difficulty in recruiting new and suitable lawyers to become Judges, there are proposals to increase the retirement age to 72 to help avoid numbers dwindling. Out of Touch and...

The Latest CCJ Court Statistics From The Registry Trust (January – June 2018)

Sep 11, 2018

The latest statistics from the Registry Trust are now available and make interesting reading. On the one hand, these statistics show a drop in the number of judgments obtained against consumers but show a considerable increase in the judgments against businesses. The...

The Pre-Action Protocol for Debt Claims

Dec 29, 2017

The pre-action protocol for debt claims was recently introduced into the court system. In short, the courts expect the parties to follow the guidance set out in the protocol itself. The protocol only came into force on 1 October 2017 so it isn’t clear at this early...

Debt Collection Letters – Still Proving Effective

Apr 17, 2017

Debt Collection Letters Are Still Effective Ormsby Street recently carried out a survey on debt collection practices and small business finance. Over 30,000 customers replied to various questions and one of the key results was the finding that two thirds of debts...