Forms must be received before 3.30pm if you wish them to be actioned on the same day.
Pre-Action Debt Protocol
Following the introduction of new rules on 1st October 2017, a creditor must follow the process in recovering a debt from an individual (including sole traders) before starting Court Proceedings.
Failing to comply may lead to the Court imposing sanctions on the Creditor to include, staying the Proceedings and possible costs sanctions.
The purpose of the Protocol is to encourage discussions and negotiations between the parties and to encourage settlement to avoid Court Proceedings. The parties should act reasonably and proportionately in order to resolve issues relating to the unpaid debt so that only cases which cannot be resolved are processed through the Court system.
Commercial debts are excluded from this Pre-Action Protocol but are subject to similar guidelines.
This case study shows how alternative debt dispute resolution techniques bought the debtor to the table, leading to a successful outcome for our client who was owed £67,000, without the time and expense of Court proceedings....