Restons has experience with various enforcement methods with the aim of achieving positive outcomes and maximising recoveries. Restons currently offer the following methods of enforcement action:
Warrant of Control
A Warrant of Control is where a County Court Bailiff is instructed to recover an amount of money relating to a County Court Judgment (CCJ). The Bailiff will visit a property to assess if there is availability to levy on goods or collect payments to the value of the outstanding Warrant.
Attachment of Earnings Order
An Attachment of Earnings application may result in an employer being instructed to deduct money directly from wages at source to repay the balance owed under a County Court Judgment (CCJ).
A Charging Order is an Order of the Court which secures an outstanding County Court Judgment (CCJ) debt against a property or land owned by the customer. If the property is sold or remortgaged, the amount owed under the CCJ will be repaid from any surplus funds that are available.
Order for Sale
An order for sale is used to enforce a Charging Order and forces the sale of a property in question. An order for sale gives the charge holder the right to take possession of the property and sell it to repay the balance owed.
Bankruptcy is the legal proceeding involving a person that is unable to repay their outstanding debts. In Bankruptcy proceedings, all of the assets are measured and evaluated, and may be used to repay the balance owed.
High Court Enforcement (Unregulated Debt)
Unregulated debts which exceed the value of £600.00 can be enforced through the High Court where a High Court Enforcement Officer / Enforcement Agent will be instructed to collect cash or take control of goods to the value of the High Court Writ. Debts which are regulated by the Consumer Credit Act (CCA 1974) cannot be enforced through the High Court.
Further information regarding enforcement can be found in our Frequently Asked Questions.