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Lincs Process and GDPR

You have probably already heard of the GDPR by now and have some questions on how to deal with it. The most common question we get is from our clients - who ask us what we are doing to prepare for it. We’ve put together an overview of the GDPR

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HOW WE MEASURE CUSTOMER SATISFACTION

A while ago we had a conversation with a partner about a job we were doing. They we're really pleased with the job we did and we went about the rest of our day with that warm glow you get from an unexpected compliment. We wanted to look at where

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New Insolvency Fees – July 2016- Part 2

I covered, on my last post, the new fees that the Official Reciever will have powers to charge in insolvency cases. In addition to these new fees, there are also increases to fees across the board in relation to the existing fees. The new fees will affect both personal insolvencies and company winding

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New Insolvency Fees from 21 July 2016

There is quite a substantial change to the insolvency fee structure on the horizon.  From 21 July 2016, the fees are changing to reflect the findings of the Managing Peoples Money guidance which was delivered to the Treasury in 2014. The key deliverable of the guidance is that fees should cover

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Instruct us with our new webform

Today we have promoted our web application form to our live website. The beta version has been sat on the site for a while now, basically interfering with the rest of the website and causing us a few technical headaches. We’re really pleased with it as it offers a completely

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Order to Attend Court for Questioning- the basics

A sizeable amount of our instructions relate to serving Orders to Attend Court (N39) upon judgment debtors. What we find quite interesting is the variance in Debtor attitudes relating to our involvement and how the matter progresses once the Order has been served. I would expect that the vast majority

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Practical Advice for Creditors

The debt recovery process can, so easily, become protracted in such a way as to remove the very idea that a process is at work. Creditors should drive the process towards the desired outcome.  In the same way as any journey can be made more bearable and less stressful by

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Drafting Statutory Demands

The form used for Statutory Demand is prescribed by the legislation and the exact form to be used will be dependant on whether or not the Creditor obtained judgment and whether or not the debt is payable immediately or at a future date. If the Creditor has obtained judgment prior

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Preparing Statutory Demands: Validating Debts

The Creditor will have to make sure that the debt is one that is suitable for the Statutory Demand process. There are a number of factors to consider, not least the value in dispute. Many creditors, particularly lenders regulated by the FCA, will want to apply systematic rigour to the

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Late Payment Interest

There is no codified or centralised regulation of the collection of commercial debts and it is unlikely that there will be any regulation to the same extent as there is in the consumer credit sector. The bargaining positions of parties to a commercial agreement is generally perceived to be more

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