Equita – Debt Recovery and High Court Enforcement
Founded in 1899, Equita is a financial services provider that offers a range of asset management solutions. It is also a specialist in the brokerage of financial instruments. The company works with a number of sectors and uses a range of innovative technology and services to provide the best solutions to their clients.
As a financial services firm, Equita has a wealth of knowledge and experience. Over the years, the company has implemented various strategies to improve efficiency and traceability. It has also made use of a low code, no code approach to ensure it is able to offer its customers the best possible service. This enables the company to make savings in licensing costs, while allowing the customer to have a more autonomous experience.
In addition to asset management, Equita offers debt recovery and High Court enforcement services to its clients. These services are available to local authorities as well as private individuals. Debts can include unpaid rent arrears, parking penalty charge notices, business rates, and council tax. Depending on the situation, Equita may be able to write off a part or all of the debt. However, if the debt is high or infrequently paid, Equita may try to negotiate payment plans. Alternatively, it may decide to pursue a County Court Judgement (CCJ) to recover the debt.
A CCJ will remain on a credit report for six years, and can make it difficult to secure financing for an unpaid debt. To get around this, a debtor can contact Equita to put a plan in place. Often, the company will contact a debtor through their website or by telephone. If the debtor fails to pay, Equita will cancel the plan.
When a local authority instructs Equita to enforce payments, the debtor can be approached by a doorstep collector or a bailiff. Although this type of action can be a frustrating experience, it can be effective. At the same time, it can result in long-term damage to a debtor’s credit rating.
If a local authority has instructed Equita to enforce a court order, the debtor will receive a “Notice of Enforcement.” This will tell them that a bailiff or debt collection agent will be visiting their home. It will also give them seven days to pay up.
Before the bailiff enters a home, the homeowner must open the door. They should also notify the debtor of their presence at least seven days prior to the visit. Once inside, the bailiff can collect any goods they need, but will not be able to enter through a window.
Equita Bailiffs and Debt Collectors have a reputation for being aggressive and bullying. But they can also be a great source of information for people who need help with their debt. For example, the company can send a proof of debt that will help a debtor determine how much their debt is worth.
Another way in which Equita is able to stand out is through its extensive research into the financial markets. Their research is comprehensive and will help you to make smart financial decisions.
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