Posts Tagged ‘Accounts’

Debt claims in Magistrates Court v County Court

June 25, 2013  |   Magistrates' Court,Party Wall Blog   |     | ?>

Party Wall Awards often provide for sums of money to be paid by one owner to another; for example, as compensation for damage caused, or in respect of professional fees. If the debtor does not pay then the creditor may need to issue proceedings to recover the debt. Under section 17 of the Party Wall Act any sums due in pursuance of that act (e.g. under an award, or an account) are recoverable ...