We felt safe in the hands of Photiades from start to finish and were amazed with their professionalism.
Rowan, Google ReviewThank you for all your expertise and advice. You have answered all our questions and made the process of buying our first home smooth and enjoyable.
Charlotte, Google ReviewPhotiades were excellent. They were both friendly and efficient and made moving house a very easy process. Photiades also did my mother’s will and she was very happy with the service. I would highly recommend them.
Bob, Google ReviewI used Photiades for conveyancing when selling my house. They provided an excellent service and I would recommend the firm.
Nick, Google Review
Debt
- Administration orderThis is a court order which requires a debtor to pay money to the court, which then distributes it amongst any...
- AssetsAny property or rights which do not inlclude land or interest in...
- Attachment of EarningsAn order which directs a Debtor's employer to regularly deduct an amount from their earnings for payment to the...
- BailiffCounty Court Officer who can serve Court documents and execute...
- ChargeSecurity for the payment of a debt upon sale of a...
- Charging OrderThis is a charge imposed by the court on the debtor's property to secure payment of the sum that is due and also An order directing that a charge be registered at the Land Registry on property owned by a...
- County Court Judgment CCJThis is a judgment of a county court which orders a defendant to pay a sum of money to a...
- CreditorA person to whom money is owed by a...
- Creditors Voluntary LiquidationThe most common type of...
- DebentureFormal debt...
- DebtorPerson owing money to another...
- ExecutionSeizure of debtors goods following non payment of a Court...
- Floating ChargeA form of security for a Debt - generally goods or assets rather than...
- Garnishee OrderA summons issued by a plaintiff, against a third party, for seizure of money or other assets which belong to the...
- GuaranteeA secondary agreement by which one person promises to honour the debt of another if that debtor fails to...
- IndemnityThis is a promise by a third party to pay a debt owed, or repay a loss caused, by another...
- Individual Voluntary AgreementThis is an arrangement between the debtor and their creditors to repay a percentage of the debt over the life of the...
- InsolvencySee...
- Joint and Several LiabilityWhere two or more people enter into an obligation together, joint and several liability allows that the lender or creditor to recover debt from any one of...
- Letter before actionThis is a formal letter setting out any debts before going to court, usually sent as a final...
- LevyThe process of a bailiff asserting a claim to...
- LienA legal right to withhold goods or property until payment is made by a...
- Official ReceiverA civil servant who manages insolvency...
- Redemption of SharesA company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are...
- Retention of titleThis is a clause which ensures that where goods are supplied on credit, if the buyer subsequently goes into bankruptcy, the seller can repossess the...
- Statement of AffairsThis is a form of financial statement setting out the debtor's assets and...
- Walking possessionA signed agreement by a debtor not to remove goods levied by a bailiff and to allow the bailiff access to inspect the goods, in consideration of which the bailiff leaves the goods in the possession of the...
- Warrant of DeliveryMethod of enforcing a judgment for the return of goods or value of the goods by which a bailiff is allowed to recover the goods or their value from the...
- Warrant of ExecutionMethod of enforcing a monetary claim whereby a bailiff is authorised, instead of payment, to seize and remove goods belonging to a defendant for sale at public...
- Winding UpThe voluntary or compulsory closure of a company and subsequent realisation of assets and payment to...