Residential Rent Arrears
Count yourself lucky if you have vacant possession. Write them off and get on with life
We generally advise landlords trying to recover RESIDENTIAL rent arrears that unless they have a lot of time to spare they are on a hiding to nothing. The delinquent tenant, if they even know where he/she is, has cheated them and by the time they catch up with him will have left cheating the next landlord too. We work on a “no win no fee” basis, but recently we have relented and for a down payment are now prepared to help recovery.
Just two things: 1) Our main hope is that the ex-tenant is not on benefit and has a regular job. Then we can try for an Attachment of Earnings Order. 2) Perhaps the landlord has been savvy enough to secure a guarantor. Then we can just treat the debt as an ordinary recovery – no win, no fee.
L.M.Wise FCA
Barrister-at-Law
Leslie Wise has regularly written articles for the Solicitors' Journal, Solicitors' Gazette and Accountancy. His wide practical experience informs Debt Collecting London’s total approach to your debts and helps ensure a quick result.