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Does the debtor have a job?
Given your comments mentioned above I suggest you consider commencing a bankruptcy petition as this route will force the debtor to sell properties in his name to pay the debt
Steps on how to carry out such action are noted within the link above
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Given you have a charge on his property the if and when the property is sold you can recover your money plus interest then.
Therefore you have not lost your money per se
However if you commence the bankruptcy action and you successfully make him bankrupt then he will have to sell the property to repay all his debts and hopefully the sale of the property will cover the debt
It his property so potential he will have to sell.
Another option is seize and control of goods
Have you tried that option yet
It is a less expensive option I will send you some guidance on how to get it done
If you want definite action. You need to you check what assets he owns by undertaking a search via equifax.co.uk
The bankruptcy option is the one I suggest but that's not going to be definite if he does not have any assets to sell
Another option is a third party debt order
This can be used to secure a debt from a third party who you believe holds assets for the debtor. But you need very good evidence to get this order.
Go on the Equifax website and create an account and try and input as much info about the debtor as possible I.e name date of birth etc.
Who owns the property in Bradford
Remind why the baliffs didn't go there to seize assets
You have a charge over his property so that's is one good thing
So when the property is sold you will hopefully recover the money then. But forcing a sale is using the expensive route of the bankruptcy option
Then I suggest either trying to contact him to work a payment plan
Instructing a solicitor to be the middle man/woman if you don't want to deal with direct
Bankruptcy option but before you do this and to ensure YOUGET this right I suggest you instruct a solicitor to do this for you and try to negotiate a deal with the sols that you will pay them if the property is sold
I hope the options discussed here has provided you with some assistance.
Debt recovery solicitors there are lots of them.
They have access to software that can find out a lot more about the debtor than you even realise
This is one but if you typed debt recovery solicitors in your search engine you will finds lots and then see which you like
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