Debt Recovery Options Explained

Summary

After a court ruling in your favor, you can enforce payment through a third-party debt order or a warrant of control. A third-party debt order freezes the defendants bank account, while a warrant of control allows bailiffs to seize and sell the defendants belongings. If the defendant offers a partial settlement, you can negotiate for a higher amount. To apply for a third-party debt order, complete Form N349 with your details, the defendants details, judgment debt information, and the defendants bank account details. Submit the form to the court with the required fee.

Full Conversation

Yes. The defendant has offered to pay * to settle a * debt
Thanks for the information. Since the defendant has offered to settle the debt for £*, you have a few options:
- Negotiate: Try to negotiate a higher amount closer to the original debt.
- Third-Party Debt Order: This can freeze the defendant's bank account.
- Warrant of Control: Bailiffs can seize and sell the defendant's belongings.
Would you prefer to pursue one of these enforcement methods, or try to negotiate further?
Can you help me fill the form for a third party debt order
Sure, I'd be happy to help you with the form for a third-party debt order. Before proceeding, I need to know if you have the defendant's bank account details. This information is crucial for completing the form. Could you confirm if you have those details?
I do
Great, having the defendant's bank account details is essential for the Third-Party Debt Order. Here are the steps to fill out the form:
*. Form N349: This is the application form for a Third-Party Debt Order.
*. Details Needed:
- Your details (claimant)
- Defendant's details
- Details of the judgment debt
- Defendant's bank account details
*. Filing: Submit the form to the court along with any required fee.
Do you need any further assistance with the form or the submission process?