Restitution News & Legal Insights

Taunting Lender from Azerbaijan

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The private lender borrowed and defaulted on a loan, then taunted the lender from Azerbaijan where he was now working.

Service proved to be problematic assets were uncovered within a European jurisdiction and appropriate steps taken to recover the full value.

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Wonga has finally collapsed – good riddance

How you manage to go bankrupt when you are charging interest with an advertised APR over 1000% per annum is difficult to work out, unless you factor in greed and disingenuity. Lending vulnerable members of society money at usurious rates is very little different, in my mind, to stealing from poor people. It has been […]

2 MIN READ - VIEW ARTICLE

Restitution and How to Obtain It

Litigation, like warfare, can have perilously high financial and human costs. Despite this, many litigants plunge into the process without a clearly defined aim. If you want to go to court to seek restitution – the repayment of financial damages or losses – but are put off by the cost and time involved or concerned […]

2 MIN READ - VIEW ARTICLE

Successful Enforcement Abroad

Each jurisdiction has its own positives and negatives when it comes to enforcement. It is never so simple anywhere as, “here is a judgment, I would like some money”. Recalcitrant debtors tend to be quite adept at hiding their assets and preventing their realisation. You need to find not only assets but assets that can […]

4 MIN READ - VIEW ARTICLE

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