Debt Enforcement

What happens if I don't pay a sundry debt?

If you do not act straight away and still reside in England or Wales the next stage in the recovery process may also involve the instigation of County Court proceedings. If the Court grants a Judgement against you then there will be significant consequences:

  • You will incur Court fees
  • You will have to pay interest on your debt
  • You will have to pay solicitors costs awarded by the Court
  • The Judgement will show up on any credit checks against you and will adversely affect your credit rating

The Court can also make you bankrupt for debts totalling £5,000 or more, meaning that you will no longer control your assets, which the Official Receiver or Trustee may sell to pay the debt and costs, for example:

  • If you own your own home it may be sold
  • Your life assurance policies may be taken and disposed of
  • An order may be granted to take part of your wages for up to 3 years
  • If you are self-employed, your business could be closed down and any employees dismissed Your credit rating will be adversely affected
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