Legal Update: The Pre-Action Protocol for Debt Claims
The new Pre-Action Protocol for Debt Claims ("the
Debt PAP") will come into force from 1 October
2017.
As a specialist dispute resolution firm, Bell Lax is able to
provide the most up to date and best possible service and advice to
any clients with outstanding debts.
When
The Debt PAP comes into force on 1 October 2017.
Who
The Debt PAP does not apply to business to business debts,
except where the debtor is a sole trader. It is only relevant for
businesses claiming from individuals.
How
- Debtors will now have 30 days to
respond to a Letter of Claim. This is in addition to any time which
is already given to the debtor by the creditor's Terms and
Conditions.
