Posts by Annie Martin

Have you been faced with a Winding-up Order: Understanding Winding Up Proceedings

Winding-up proceedings, often referred to as liquidation, are legal procedures initiated to dissolve a company or business entity. It occurs when a business cannot meet its financial obligations and creditors seek to recover the money owed to them. The Role of a Debt Restructuring Specialist in Winding Up Proceedings: As a debt restructuring specialist, I assist businesses facing winding-up proceedings by providing guidance, expertise, and support. Here’s how I can make a significant difference: Assessment of Financial Situation: My journey with clients begins with a comprehensive evaluation of their financial situation. To understand the financial landscape, I examine the company’s
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Attachment of Earnings Order (AEO) Demystified: The Ultimate Guide to Debt Recovery

Navigating the complex world of debt recovery can be challenging, but one powerful tool can make all the difference: the Attachment of Earnings Order (AEO). You’re not alone if you’re struggling to recover debts from individuals who seem to be evading payment. In this blog, I’ll break down the essence of AEOs, walk you through the process, and show you how creditors and debtors can benefit. Understanding AEOs As a debt recovery specialist, I understand the importance of AEOs. These orders empower you as a creditor to collect the debts owed to you directly from a debtor’s earnings. This strategic
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Unveiling Charging Orders: How They Strengthen Debt Recovery Efforts

As a debt recovery specialist, I understand the challenges creditors face when attempting to recover outstanding debts. Charging Orders can be a game-changer, providing a legal means to secure debts against a debtor’s property. If you’re ready to enhance your debt recovery strategy, read on and discover the potential of Charging Orders. And remember, I’m here to provide expert advice tailored to your unique situation, so feel free to reach out. The Charging Order Process Initially, an application is submitted to the Courts using a two-pronged process. This usually takes around 6-9 weeks to finalise. Application: As a debt recovery
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Unveiling the Power of Oral Examinations in Debt Recovery

You have judgment, but voluntary arrangements have failed, and your debtor is proving difficult and citing that they have no assets. What can you do to exercise that what they tell you is the truth? An oral examination is a powerful tool you can use once you receive a judgment (CCJ) from the Courts. In this blog post, I'll delve into the essence of oral examinations – a legal process where debtors are summoned to court to shed light on their financial circumstances.
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Is it worth taking legal action for £500 or below?

I have in the past received many requests from prospective clients and/or ongoing clients about taking legal action for something that has a value of £500.  Instructing a professional to do it is not cost-effective as you generally throw good money after bad, i.e. a solicitor could cost you around £80 per hour + depending on where you are in the country.  It's not only obtaining judgment which is key, but it's also looking at enforcing the debt too. 
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