Reply To: Levy Compliance Deterioration

Even committees with due diligence face the drawn out process of getting levies paid.

Levy Recovery Stage 1-issue reminder 35 days after due date

Levy Recovery Stage 2-issue first levy recovery letter (usually final notice) 60 days after due date

Levy Recovery Stage 3-issue 2nd levy recovery letter 75 days after due date

Levy Recovery Stage 4 -106 days issue letter of demand usually sent by legal at this stage

And more time passes after that.

Then legal makes field call to debtor’s address after no response to sent letter.

Failing that, makes a statement of claim to the court, then another period of time passes for a default judgement to come into affect.

Then try and pursue debt possibly through a garnishee order on rental etc.

As you see it’s a long drawn out process that a committee is stuck with in pursuing outstanding levies.