Third Party Debt Orders

• A Third Party Debt Order is used by creditors who know the debtor’s bank account details.

• The major benefit of using a Third Party Debt Order to enforce your debt is that the debtor will not know when you make the application for the Order.  They will not be notified until after you have served the Third party  (i.e the bank) with the Court Order. By the time the debtor is made aware of your application and Court Order, their bank account or funds held by a third party have already been frozen either in full or part.

• Timing is crucial with Third Party Debt Orders as funds are frozen on the day of receipt of the Order by the Third Party. If there are no funds available on that day, the application for the Third Party Debt Order will fail.

• We always advise our clients on due diligence to ensure they obtain bank details from any clients or customers on commencement of their contractual relationship.

Information Orders

An Information Order is a Court Order that requires the debtor to attend Court for questioning. It does not require the debtor to make payment.  It is useful to use this method to find out about the debtor’s assets.