Following our recent article on Enforcement of a Judgment, Insolvency proceedings can also be useful tool to enforce a Judgment. Throughout this article, we briefly explore both bankruptcy and winding up petitions as a way to enforce an unpaid Judgment, as well as an effective mechanism for obtaining payment on an undisputed debt.
Every business knows that cash is king. The best way to monitor cash flow is with effective credit control.
To ensure you get paid for your services and reduce debtor days you must take a positive approach to credit control and minimise the risks of debts becoming overdue. Establish a procedure for credit control, in accordance with your T&Cs and follow it.
Why you Should Register your Unregistered Property without Delay Recent estimates suggest that more than…
We’re revisiting an article from a while back that has become relevant again as more people look to get their affairs in order during COVID.
Burton YMCA have benefited from funds raised by Else Solicitors following a golf day recently held at Branston Golf Club.
The Else Solicitors Charity Football Tournament returned this year seeing teams pitched against each other to raise funds for the Burton YMCA.
A recent article reported that law firms are seeing an increase in the use of…
Shenanigans with Wills have long been great fodder for mystery and whodunnits. Individuals lured by…
The limitation period for collection of debts is 6 years from the date the debt became payable and after that time they may become statute barred. This means that the debt is no longer recoverable, including by legal action in the courts. Whilst the debt might not be recoverable through the Court, we can still send the debtor a letter to try to collect these amounts owed to you on your behalf.