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Enforcing E.T. Court order & Writ of Fieri Facias? HELP!?


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Both forms (EX727 & N471) are essentially the same and have the same cost (£60).

 

N471 allows you to nominate a HCEO of your own choice, EX727 will have a HCEO nominated by Registry Trust Ltd (the company that keeps a register of all money awards granted by the courts (CCJ`s, CMEC Liability orders etc) on behalf of HMCS).

 

Unlike most HCEO services, there are no further costs in respect of abortive fees (HCEO can`t collect or withdrawn).

 

Before using a HCEO, consider the ability of the debtor to pay (you can`t get money if the debtor has no money or enough goods to seize).

An HCEO is likely to add somewhere in the region of £1500 to £3000 in their fees to the debt they plan to recover (you only get your debt, not their fees).

If a HCEO plans to remove goods to the value of the debt (plus fees), they would have to be enough goods (typically between 3 to 5 times the value) to realise enough money at auction.

 

If nominating your own HCEO, the largest is not always the best, ask around.

 

There is a public list of HCEO - http://www.justice.gov.uk/courts/enforcement-officers

 

There are a few HCEO who are independant of the larger companys or who may work for a solicitors practice.

Or there is the option of using one of the larger private HCEO companys.

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