Carlo Pegna


Let the Money do the Work.

This article will teach you how to run your business not on principles but on Cost versus Reward. Where is the reward in paying a solicitor £2,000 to collect a £2,000 debt where costs are irrecoverable, conversely…more
 /  Bankruptcy, Civil Procedure, Civil Remedies, Commercial Law & Contracts, Finance & Banking

A Relief for Debtors and Possibly Fraudsters

On the 6th April 2009 a new form of insolvency was introduced the Debt Relief Order (DRO). DRO is an alternative to bankruptcy that can provide people with low incomes and few assets with a way to get out of paying their debt in…more

Rags, Bones, any Old Debts?

A debt has a shelf life and if a creditor allows it to go stale they could find themselves with no remedy at all. The Limitations Act 1980 determines the time frame in which a creditor is permitted to issue legal proceedings for…more
 /  Civil Procedure, Civil Remedies, Commercial Law & Contracts

Protect your business from debtors that go bust.

A business that has no measures in place to protect itself from customers that go bust, risk going bust themselves. Indeed if a key account that generates 60% of revenue becomes insolvent that will have serious implications on…more
 /  Bankruptcy, Civil Remedies, Commercial Law & Contracts, Business Torts
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