BANKRUPTCY PETITION DISMISSED: THE PRECISE SUMS DUE (IF ANY) COULD, AND SHOULD, BE DETERMINED IN THE COUNTY COURT

One way to enforce a debt higher than £5,000 is to issue a bankruptcy petition. However problems for the would be petitioner can occur if the debt is disputed. We see such a case here.  The judge held that there was a genuine dispute as to the terms of a credit agreement and rejected the argument th...