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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Limit on pennies | 543 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Limit on pennies
Authored by: Wol on Thursday, May 24 2012 @ 05:44 AM EDT
Refuse payment in the UK, and you've just thrown away any chance of collecting
on the debt!

While the reality is legal tender no longer exists in the UK, the concept still
is there. If I offer valid currency in settlement of a debt, and the creditor
rejects it, no court will hear the case.

I've got myself out of a small debt that way. Only £15 quid or so, but when the
internet vendor's lawyers sent me a snottygram about an unpaid bill I replied in
kind. Pointed at that I'd tried to pay them three times and they hadn't
collected the money. If they wanted to collect in court I'd argue legal tender
but good customer relations said that legal should rap accounts over the
knuckles and tell them to write it off. Legal did as I suggested, and as a
result the company kept my business, such as it was.

Cheers,
Wol

[ Reply to This | Parent | # ]

  • Limit on pennies - Authored by: Anonymous on Thursday, May 24 2012 @ 01:02 PM EDT
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PJ's articles are licensed under a Creative Commons License. ( Details )