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Debt Statement
17 November 2020
1 min read

Debt Statement

To assist practitioners working in Debt Recovery – Acting for the claimant, we have published a Debt statement which brings together details of the debt, interest and costs, as well as the payments that have been made towards it. This will be especially useful where payment plans have been agreed with debtors and is designed to work alongside the Invoice, Debt details and Payment tables within LEAP. 1. Insert the debt details in an Invoice table – add another invoice by right clicking on the existing one to record more than one debt amount if required. 2. Insert interest and costs details in the top half of the Debt details table. 3. Insert payment details into a Payments table each time a payment is received – add another payment by right clicking on the existing one. 4. Provided the above information has been entered into LEAP, the Debt statement will be complete. If the information is incorrect, amend the LEAP tables and use the update button in the LEAP ribbon tab to update the document. This document can be produced as many times as necessary to provide successive statements. An accompanying Letter to debtor enclosing debt statement has also been published. Adding these new precedents is part of By Lawyers continuing commitment to enhancing our content and helping our subscribers enjoy practice more.
Litigation and Disputes News and Updates
Setting Aside Or Varying Default Judgment Orders
28 September 2020
1 min read

Setting Aside Or Varying Default Judgment Orders

The Debt Recovery – Acting for the Defendant commentary now includes greater detail on the process for applying to set aside a default judgment order. Example content has also been written for a Draft order – Setting aside default judgment on the basis of a real prospect of defending the claim. This, together with all the other forms needed for this application, are in matter plan folder F. Default judgment and summary judgment. We invite you to explore this updated publication. Comments and feedback are always welcomed.
Litigation and Disputes News and Updates
Just The Ticket – Property Raffles
19 August 2020
1 min read

Just The Ticket – Property Raffles

A sharp increase in the number of property raffles over the last few months has prompted the enhancement of the Sale of Land commentary with discussion of the pitfalls and problems surrounding this unusual method of sale. Covering areas such as gambling legislation and advertising standards, practitioners who are approached by clients interested in a seemingly swift sale can now read this practical advice. We invite you to explore this updated publication. Comments and feedback are always welcomed.
Conveyancing and Property News and Updates
Conveyancing Variation Agreement – COVID-19
02 April 2020
1 min read

Conveyancing Variation Agreement – COVID-19

The Law Society, Council of Licensed Conveyancers, Chartered Institute of Legal Executives, Bold Legal Group and the Conveyancing Association, with the support of Government departments and the Land Registry have jointly drafted a Variation Agreement, for use where an exchange of contracts has already taken place on a conveyancing transaction, and a practitioner considers that it is necessary to vary its terms due to the impact of the coronavirus. The Variation Agreement and guidance regarding its use are available in both the sale and purchase guides, in the sections relating to Deterioration, Disputes and Notices. Keep up-to-date with our latest COVID-19 News & Updates.
Conveyancing and Property News and Updates
New Publication Announcement
30 September 2019
1 min read

New Publication Announcement

By Lawyers has a new publication: Companies. With a comprehensive commentary and precedents, the companies publication deals with not only the incorporation of a new company, but also the ongoing running of a company and the hiccups that can occur along the way. The commentary discusses many issues such as: Appointing company officers; Articles of association; Shareholders agreements; Meetings, resolutions and records; Transfer of shares; and Tax. The matter plan provides the many essential everyday precedents as well as the more complex including: Two shareholders agreements, one concise and one extensive; Share certificate; Two agreements for sale of shares: one concise and one extensive; Deed of trust for purchase of shares by a trustee; Library of option precedents; and All of the necessary consents, minutes and resolutions. The new Company publication is available through the Legal Guides tab on the Forms & Precedents button in the LEAP matter.
Companies News and Updates
Leasehold Reports On Title
29 May 2019
1 min read

Leasehold Reports On Title

According to the Solicitors Regulation Authority (SRA) almost one quarter of firms do not adequately explain leasehold tenure and the associated issues. Accordingly, By Lawyers have reviewed the precedent Report on title – Leasehold in an effort to provide clients with a much clearer understanding of the implications of purchasing a leasehold estate. Plain language communications, particularly with clients, is a primary focus for By Lawyers.
Conveyancing and Property News and Updates
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