Garnishee orders remain one of the most effective and immediate enforcement tools available to judgement creditors, as we discussed last month. By enabling funds owed to a debtor – whether held in a bank account or payable by a third party – to be intercepted directly, they can provide a swift, tangible pathway to recovery [...]
Aside from bankruptcy proceedings, which we discussed last month, there are other ways to enforce a court judgement to recover monies owed by a debtor (i.e. turning a paper judgement into actual recovery). A garnishee order is one such legal tool. Rather than relying on the debtor to pay, a garnishee order allows a creditor [...]
A statutory demand is a serious legal notice. It is not a routine request for payment, and should not be ignored or procrastinated over. Companies failing to respond to a statutory demand within a fixed prescribed timeframe may face winding-up proceedings. A statutory demand is a formal demand for payment issued under section 459E of [...]
If you’ve ever been involved in a legal dispute, you’ve probably seen the words “without prejudice” stamped across a document, letter or email. But what does it actually mean? In simple terms, “without prejudice” protects settlement discussions from being used against you in court. It creates a safe space for negotiation, so you can make [...]