Route 66 - the road to successful enforcement
by David Carter on 15 June 2011
It struck me recently that the number 6 features very heavily in High Court Enforcement. Maybe the high success rate of HCEOs might lead debtors to feel the 666 connection, but for creditors and their legal advisors, it can be the road to recovery of unpaid debt – success where all else has failed.
So, where do all these sixes come in?
Starting at the top - £600 minimum value
Judgments of £600 and above may be transferred to the High Court for enforcement. There is talk of removing the minimum altogether, which would be great news for creditors, but this may be some way off yet.
And at the other end of the scale - 6 years
Judgments of up to six years old can be enforced. In exceptional cases, they can be older than six years if the court approves, but the general rule is 6 years. So creditors with old judgments shouldn’t give up hope – we can run traces and checks to find out if the debtor is still around and enforcement is viable.
Sixty, sixty, sixty
Then we get to a whole load of 60s. Not quite the swinging 60s, but still pretty groovy!
£60 transfer up – a court fee of just £60 to transfer a CCJ to the High Court for enforcement. Some HCEOs might charge an additional fee to manage the transfer, but at The Sheriffs Office, it’s just the £60 court fee. When enforcement is successful, this fee is also recovered from the debtor, along with the judgment debt, enforcement costs and interest at 8%.
£60 abortive fee – if enforcement is unsuccessful, generally because there are no assets or the debtor is bankrupt/insolvent, then there is a fee of £60 plus VAT per address visited.
And last, but by no means least – The Sheriffs Office recovers 60% more than the industry average on enforceable debts. That means we recover more money for our clients.
- £600 minimum
- 6 years
- £60 transfer fee
- £60 abortive fee
- 60% more money recovered for our clients by The Sheriffs Office!
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Disclaimer: The statements and opinions expressed in this article are those of the author and do not necessarily reflect those of Sheriffs High Court Enforcement Ltd, trading as The Sheriffs Office. Sheriffs High Court Enforcement Ltd does not take any responsibility for the views of the author. The author will not be held responsible for any comments posted by visitors to this site. Please note that this article does not constitute legal advice. The author has used his best endeavours to make this article as accurate and complete as possible, but requests that the reader be aware that the law of England and Wales frequently changes. The author strongly advises the reader to take legal advice before embarking on any enforcement action.
