Debt Recovery & Enforcement - A Six Part Webinar Series

Introduction

In light of the current economic climate, both businesses and individuals will be preparing themselves for more challenging times.

For many, the financial benefits that were the result of a return to travel and expenditure on the high street following COVID were short lived, as the cost-of-living crisis, Ukraine War and continually escalating fuel prices continue to affect almost every individual in the UK.

This, unfortunately, means that there will be an increase in borrowing, debt and therefore recovery action, with creditors who also need to protect their own position, forced to take legal action.

In this six-part boxset, Krystene Bousfield will look at practice and procedure in both the debt recovery and enforcement fields; addressing and reviewing recent changes, updates and looking specifically at how creditors need to adapt their own approach to recovery to ensure success.

It is suitable for all those who work in the fields of debt recovery and enforcement, practising in England and Wales, including litigators and debt recovery professionals.

What You Will Learn

This webinar boxset will cover the following:

Module 1: Where Are We Now?

• A look at the current financial climate and what this means for our clients
• What are the most popular methods of recovery and enforcement and how have these changed when compared to recent years?
• A look at the court’s stance on debt recovery action, as well as the position of enforcement officers
• The cost of recovery - are creditors prepared to pay out more money to recover money already owing?
• Do legal practitioners need to be concerned?

Module 2: Pre-action Consideration & Review

• What steps do we need to take in advance of commencing any type of recovery or enforcement action?
• What do clients expect from us and how do we ensure that we are working in their best interests?
• Know your debtor and know your client - why this is more important now than ever before
• Additional searches and questions we can carry out and address prior to incurring the cost of litigation

Modules 3 & 4: Debt Recovery Protocols & Procedure

• A review of the key Civil Procedure Rules, Pre Action-Protocols and Practice Directions that need to be adhered to in the debt recovery process
• Key hints and tips to ensure compliance
• What are the sanctions that can be issued and enforced for failing to comply, and are the courts taking a stricter line with these?
• An update on key practice and procedure
• Case law review - recent cases and how these effect how we litigate

Module 5: Enforcement Trends & Making the Right Decision

• What are the current trends when considering the methods of enforcement available?
• How do we ensure the highest level of monetary recovery and success when acting for our clients
• Have priorities changed when it comes to creditors recovering debt?
• Fast v slow methods of enforcement

Module 6: Future Gazing

• An outlook on what we can expect in the world of debt recovery and enforcement in 2023 and beyond
• The potential impact of Brexit and the Brexit Freedoms Bill
• High Court Enforcement Officers Association (‘HCEOA’) 2022 Supporting Court Users - A Right to Freedom of Choice report
• Outside factors and events that we need to be aware of and consider
• Debtor protection - how much, is too much?

This webinar was recorded on 26th April 2023