Welcome to LA Fast Track
LA Fast Track, the specialist debt and asset recovery team at Lester Aldridge, is one of the leading debt collection teams in the UK. Please find on this page invaluable information and links to independent 3rd parties, who are there to help you manage and resolve your debt problems.
Have you recently received a letter from us?
If you have recently received a letter from us and are unsure what to do next, please call us on 0344 967 0793 to discuss your options with us.
How to pay
There are a range of payment options available to you
Through your bank by: Direct to us by:
– Standing Order – Debit or Credit Card (charges are applicable)
– Telephone Banking – Cheque
– Online Banking
– In Person
County Court Judgments and your credit file
After a county court judgment has been entered against you it will be recorded on the Register of Judgments, Orders and Fines (“the Register”). This information will be taken by the credit reference agencies and will be likely to be included on your credit file and affect your credit rating.
- If the judgement is paid within one month, you can apply for the judgment to be removed from the Register. You will need a certificate from the Court (which may cost £15). Once the judgment is removed from the Register it should be removed from your credit file.
- If you pay the judgment after one month, you can apply for the Register to be changed to reflect your payment. You will need a certificate from the Court (which may costs £15). The judgment will still appear on the Register (and also on your credit file) but it will be marked as satisfied.
If you do not pay your county court judgment, then your creditor has a number of ways to enforce their judgment to recover the sums owed to them.
Finding out about your means
Normally, your creditor will ask you to provide information about your means and ability to pay. Commonly this is done by the creditor sending you an income and expenditure questionnaire which ask you questions about your income and outgoings.
While you can elect not to provide any information about your means to your creditor, the creditor can make an application asking the Court to order you to attend the Court to answer questions about your means. If you wish to voluntarily complete a questionnaire to send to your creditor or their solicitors, a link can be found here to a relevant questionnaire.
If you own a property, your creditor can ask that the Court secure the judgment against your property. If successful, your creditor will be able to register a charge against your property at Land Registry. If you were then to sell your property you may have to pay the sums owing to your creditor from any sale proceeds.
A charging order does not mean that your creditor can immediately take possession of your property and sell it to recover the sums owed. Your creditor can make an application to Court for an order for sale in certain circumstances which would entitle them to take possession of your property and sell it. If you are concerned about this you should contact an advice organisation or seek legal advice.
Attachment of earnings
If you are an employee and earn above a certain minimum amount, your creditor may be able to ask the Court for an attachment of earnings order. An attachment of earnings order is where the Court orders your employer to deduct a fixed amount from your pay each month. Your employer will then pay the deducted sum to the Court directly – the Court will then pay this sum to your creditor.
Enforcement by warrant – bailiffs
Your creditor may elect to seek enforcement by warrant. If your creditor seeks a warrant, a court enforcement agent (or bailiff) will attend your property and invite you to pay the sums owed. If you are not in a position to do so, the agent will take away goods to sell in order to recover sufficient sums to pay your debt.
There are a number of rules regarding the entry of officers onto property to execute a warrant, however, in brief:
- Domestic homes – The agent cannot force entry but must enter peaceably, either by invitation or through an open door or window. If an agent has gained admittance by this method previously they may be able to force entry on later visits.
- Business properties – The agent may force their way onto business properties and are do not require permission to enter.
If the above methods are not successful, or as an alternative to the above methods, your creditor may commence insolvency proceedings – with the judgment being evidence that you cannot pay your debts as they fall due.
You should seek advice from an advice organisation or a solicitor in this instance but successful insolvency proceedings can seriously damage your credit rating or lead to your business being wound up.
Contact us to discuss on 0344 967 0793.
Independent debt advice companies:
The following charities and advice lines can provide you with independent advice to people in debt:
- Step Change Debt Charity – Registered charity which assists people with free debt advice
- Christians against Poverty (CAP) – A national debt counselling charity
- National Debtline – Gives advice to people with debt within England. Scotland & Wales
- Advice NI – Offers free, confidential and impartial debt and money advice within Northern Ireland
- Money Advice Scotland – Acts as a portal to free and impartial money advice agencies in Scotland
- Citizens Advice Bureau – Helps people resolve their legal, money and other problems
- Legal Aid Agency – Provides civil and criminal legal aid and advice in England and Wales
- FCA Arrears Infomation Sheet – Infomation provided by the FCA to help when you get into arrears
Other consumer help sites:
- Advicenow – Offers advice on rights and legal issues by acting as a portal for access to relevant sites
- Gingerbread – Provides help and support for single parent families
- Age UK – Seeks to free older people from poverty, isolation and neglect
Lester Aldridge is an affiliate member of the Credit Services Association (CSA).
Meet our team
The latest revision to the Pre-action Protocol for Debt Claims (PAP) will come into force on 01 October 2017. The PAP applies to any business claiming payment of a debt from an individual and describes the conduct that the Court will expect from those parties prior to issuing a Claim Form.
The method in which the UK shall implement its ‘Brexit strategy’ has been regarded as a major factor in determining the future viability of many UK businesses.