“Notice of Distress. I have today levied distress at upon the goods and chattels listed in the inventory. Unless the outstanding amount is paid, together with all the costs, charges, expenses and fees of distress, the goods may be sold.”
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This letter would not come out of the blue; it is the result of a longstanding battle by a creditor to recoup the debt owed. At this stage, a bailiff will normally leave you, the debtor, with a notice of seizure confirming what has occurred. The notice will include details of the debt due and the costs incurred to date, an inventory of the goods seized and often a walking possession agreement. No notice at all is required from the Magistrates’ bailiff or HMRC.
17th April 2019
HMRC applied to see more than 4,000 UK companies closed down over the course of 2018 and is being too aggressive in its pursuit of tax-related debts.Read More
12th April 2019
British high streets saw the sharpest rate of net store closures on record over the course of last year, according to a new set of figures.Read More