Families of missing people struggle with mounting debts as new powers to let them manage affairs are delayed – Daily Telegraph

Posted July 2nd, 2018 in debts, families, missing persons, news by sally

‘Families of missing people are struggling to deal with mounting debts as the Government delays new powers to enable them to manage their loved one’s affairs.’

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Daily Telegraph, 1st July 2018

Source: www.telegraph.co.uk

Grove v S&T cited as court dismisses winding up petition (Chancery Division) – Practical Law: Construction Blog

Posted June 22nd, 2018 in contracts, debts, news, winding up by tracey

‘In Victory House General Partner Ltd, Re A Company [2018] EWHC 1143 (Ch), the court dismissed a party’s winding-up petition as the employer’s cross-claim was bona fide and the debt was disputed on substantial grounds.’

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Practical Law: Construction Blog, 22nd June 2018

Source: uk.practicallaw.thomsonreuters.com

Family’s £15k debt from fight against Section 322(5) immigration rule – BBC News

Posted June 21st, 2018 in debts, deportation, immigration, news, passports, taxation by tracey

‘A family say they have been left £15,000 in debt, without passports and unable to register their son as British because of the Home Office’s actions. The Bristol couple are among 1,000 highly-skilled migrants said to be facing deportation because of how the government has applied immigration law. Home Secretary Sajid Javid has ordered a review into use of Section 322(5).’

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BBC News, 21st June 2018

Source: www.bbc.co.uk

Fake bomb detector seller James McCormick jailed again – BBC News

Posted April 26th, 2018 in confiscation, debts, fraud, news, sentencing by sally

‘A fraudster jailed for selling fake bomb detectors to war-torn countries has received two more years in prison for failing to pay back nearly £2m.’

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BBC News, 25th April 2018

Source: www.bbc.co.uk

Aggressive bailiff behaviour remains ‘lingering concern’ – MoJ review – BBC News

Posted April 3rd, 2018 in bailiffs, debts, enforcement, harassment, news, reports by sally

‘Concerns persist over bailiffs using aggressive behaviour to pursue debts despite a legal crackdown, a Ministry of Justice (MoJ) report has found.’

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BBC News, 2nd April 2018

Source: www.bbc.co.uk

Low salaries dog debt-ridden young legal aid lawyers, says social mobility report – Legal Futures

Posted March 14th, 2018 in debts, legal aid, legal profession, news, remuneration by sally

‘More than half of young legal aid lawyers are earning less than £25,000 a year, yet more than a quarter start their careers carrying more than £35,000 debt as a result of their education, according to a survey of lawyers in the sector.’

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Legal Futures, 14th March 2018

Source: www.legalfutures.co.uk

High Court says it cannot permanently stay enforcement of English law debt obligations in favour of a foreign insolvency proceeding – OUT-LAW.com

Posted February 6th, 2018 in banking, debts, enforcement, foreign jurisdictions, insolvency, news by tracey

‘The High Court has said that it could not impose a permanent moratorium against creditor action in England and Wales where the foreign restructuring of an Azerbijan bank had been recognised as a foreign main proceeding under the Cross-Border Insolvency Regulations.’

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OUT-LAW.com, 5th February 2018

Source: www.out-law.com

Debt is not a crime: reviewing imprisonment for council tax non-payment – Legal Voice

Posted December 20th, 2017 in council tax, debts, imprisonment, news by sally

‘Being in debt is not a crime. So why are nearly 100 people a year sent to prison for falling behind on council tax payments?’

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Legal Voice, 19th December 2017

Source: www.legalvoice.org.uk

A Ghost from the Past with Lessons for the Future? Grounds for a debtor’s petition under s 272(1) of the Insolvency Act 1986 – Hardwicke Chambers

Posted November 24th, 2017 in bankruptcy, debts, domicile, news by sally

‘On 20 October 2017 Registrar Derrett handed down judgment in the case of Thomas v Haederle (unreported), in which she gave reasons for dismissing a bankruptcy petition presented by the debtor (T) in the County Court at Norwich on 4 December 2014, pursuant to s 272 of the Insolvency Act 1986 (IA86), as it then was.’

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Hardwicke Chambers, 2nd November 2017

Source: www.hardwicke.co.uk

Treat Insolvency Rules as ‘a complete code’ for payment of statutory interest, rules Court of Appeal – OUT-LAW.com

‘The Court of Appeal has determined the extent of creditors’ entitlements to statutory interest on their debts and the correct approach for calculating their entitlement. It has ruled on the entitlement of representative creditors of Lehman Brothers International (Europe) (LBIE) to the surplus funds and on the calculation of the statutory interest due to them.’

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OUT-LAW.com, 10th November 2017

Source: www.out-law.com

Legal costs capped for those who can’t pay energy bills – The Guardian

Posted November 10th, 2017 in costs, debts, news, utilities, warrants by tracey

‘Gas and electricity customers who have fallen so far behind with their payments that they are forced to have a prepayment meter, are to have their court and legal charges capped at £150 by the energy regulator.’

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The Guardian, 10th November 2017

Source: www.theguardian.com

The Jackson effect: One costs firm set to close as another leaves debt behind in administrator sale – Litigation Futures

Posted October 30th, 2017 in costs, debts, insolvency, law firms, legal services, news by sally

‘The harsh impact of the Jackson reforms on the costs world is on display today as we reveal that one costs business is closing down, while it has emerged that another has been reborn after the directors bought the assets, files and outstanding WIP from its joint administrators.’

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Litigation Futures, 30th October 2017

Source: www.litigationfutures.com

Pre-Action Protocol for Debt Claims – Part II – 4 KBW

Posted October 4th, 2017 in civil procedure rules, debts, news, pre-action conduct by sally

‘On 1st October 2017, the Pre-Action Protocol for Debt Claims, (the “Protocol”) is to come into force. This raises the question: what is a ‘debt’? For this Protocol, the only ‘guidance’ provided is on the Information Sheet (Annex 1), “you have received this [notice] because a business believes that you owe it money”. None of the draft or consultation papers provide further guidance or seek to define the term ‘debt’ under English law.’

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4 KBW, 22nd September 2017

Source: www.4kbw.net

Pre-Action Protocol for Debt Claims – 4 KBW

Posted October 3rd, 2017 in debts, news, pre-action conduct by sally

‘The following article examines the concept of ‘debt’; this article focuses on the purpose, procedure and effects of the Protocol.’

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4 KBW, 20th September 2017

Source: www.4kbw.net

Payday loan complaints see sharp rise despite new rules – BBC News

‘Complaints about payday loans have risen sharply for the second consecutive year despite strict new regulations limiting interest charges.’

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BBC News, 13th June 2017

Source: www.bbc.co.uk

Angry judge locks up criminal for calling him ‘mate’ in court – Daily Telegraph

Posted May 25th, 2017 in contempt of court, costs, debts, fines, judges, news, racism, sentencing by tracey

‘A judge has thrown a racist who called him “mate” in court behind bars for being disrespectful.’

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Daily Telegraph, 24th May 2017

Source: www.telegraph.co.uk

Charlene Ashiru on Protecting Your Judgment: A New Tort of Asset-Stripping? – Littleton Chambers

‘Whilst it might be tempting as a Defendant company to dissipate assets to avoid Judgment debts, it is ill-advised and is unlikely to provide an easy escape.’

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Littleton Chambers, 16th May 2017

Source: www.littletonchambers.com

Debt fears grow as county court judgments soar by 35% – The Guardian

Posted May 16th, 2017 in consumer credit, county courts, debts, enforcement, news by sally

‘Nearly 300,000 debt judgments were filed against individuals in English and Welsh county courts in the first three months of 2017, the highest quarterly figure for more than 10 years.’

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The Guardian, 15th May 2017

Source: www.guardian.co.uk

Debt-ridden courier’s suicide after bailiff visit prompts call for reforms – The Guardian

Posted May 2nd, 2017 in bailiffs, debts, inquests, news, suicide by sally

‘A debt-ridden young man took his own life shortly after bailiffs clamped the motorcycle that was essential to his work as a courier, an inquest has heard, in a case that has prompted calls for reform of the debt-collection industry.’

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The Guardian, 30th April 2017

Source: www.guardian.co.uk

English court dismisses ‘international law’ issues in Ukrainian Eurobond case – OUT-LAW.com

‘Questions of international law raised by Ukraine in a dispute with Russia involving overdue Eurobond repayments cannot be dealt with by the English courts, the High Court has ruled.’

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OUT-LAW.com, 4th April 2017

Source: www.out-law.com