Mr T
Established Member
Hi
Today I had a debtor go into liquidation owing me £1200. I assume I can kiss good bye to it now!
I am now wondering if there was anything I could have done to get the money earlier. I obtained a warrant frtom the small claims court and one of their bailiffs visited the debtor (a gallery that had sold some of my stuff), who agrreed to pay £250 per month. He paid the first £250 then another £200 then went bankrupt.
What seemed strange to me was that the installment arrangement was made between the bailiff and debtor with no reference to me.
This is the first time I have had a bad payer in 20 yrs business, so I am a novice in this. Does anyone know if I could have done anything different and is this the normal procedure for the small claims court? It seems rather ineffectual.
Chris
Today I had a debtor go into liquidation owing me £1200. I assume I can kiss good bye to it now!
I am now wondering if there was anything I could have done to get the money earlier. I obtained a warrant frtom the small claims court and one of their bailiffs visited the debtor (a gallery that had sold some of my stuff), who agrreed to pay £250 per month. He paid the first £250 then another £200 then went bankrupt.
What seemed strange to me was that the installment arrangement was made between the bailiff and debtor with no reference to me.
This is the first time I have had a bad payer in 20 yrs business, so I am a novice in this. Does anyone know if I could have done anything different and is this the normal procedure for the small claims court? It seems rather ineffectual.
Chris