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Monday, 9 November 2015

Pursuing debt outside of court

In our recent guide we looked at how debt can be pursued through a number of methods including court action. In this article we will detail some of the ways in which we can pursue money that is owed outside of court, saving time, money and potentially preserving relationships with clients and other individuals.

If someone is refusing to pay the money that they owe you then there are a number of considerations that you need to think about when deciding what action to take. If you are a business and owed money by another company then you might have had a long relationship together and would prefer not to sever ties with them by taking them to court. Alternatively, you might just wish to avoid the extra cost and time involved in going to court.

Wednesday, 4 November 2015

How to deal with a housing chain

One of the most stressful parts of selling or buying property is being in a property chain. The stress is caused largely because the situation can be completely out of your control.

When in a property chain you will probably be in the process of selling property and also of buying a property to move into too.

The people looking to buy your home, unless they are first time buyers, are probably trying to sell their home as well and the current owners of the property you intend to buy are probably looking to a buy a new home too. This is an example of a property chain. It is stressful because this chain can be very long and if one buyer/seller has a problem with their transaction it effects everyone in the housing chain. Essentially, you are relying on the success of other people’s property transactions within your property chain in order for your transaction to succeed as well.