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The New Debt Recovery Protocol

The New Debt Recovery Protocol

Are you ready for 1st October 2017?  It has been a long time coming but the new debt recovery protocol (“the Protocol”) comes into force in a little under one week and may significantly increase the time it takes you to recover outstanding debts due from individuals.  The Protocol does not apply to business-to-business debts (unless the debtor is a sole trader) and sets out the conduct that the courts will expect of parties to a debt claim prior to the commencement of court proceedings.  Importantly, a Creditor may face sanctions, including staying proceedings to remedy failures and further limitations on costs and interest recovery, if the Protocol and the timescales contained within are overlooked and/or ignored. Whilst aiming to encourage early engagement by the parties and reduce the number and cost of cases going before the courts, with an increased emphasis on alternative dispute resolution procedures, the… Read more


The Insolvency (England and Wales) Rules 2016

The Insolvency (England and Wales) Rules 2016

On 6 April 2017 the long-awaited Insolvency (England and Wales) Rules 2016 came into force. The Rules consolidated and changed procedures to be follwed on insolvency cases in a number of important arears including distributions, reports in the holding meetings. Further details can be found here http://www.legislation.gov.uk/uksi/2016/1024/contents/made… Read more


The Insolvency (England and Wales) Rules 2016

The Insolvency (England and Wales) Rules 2016

After three years in the making the Insolvency (England and Wales) Rules 2016 have finally arrived and will come into force on 6 April 2017. The new rules are a consolidated, restructured, modernised take on the 1986 rules which have been amended 28 times since they came into… Read more