Third party debt order

If the debtor is owed money then a Court Order can be obtained which requires the company or person that owes money to the debtor to pay that money directly to you. Your debtor's own debtors will not only include trade debtors, but will also include persons who are holding money for your debtor, such as a building society or bank. It can therefore be very useful to obtain and record your customer's bank details at every opportunity - you never know when you may need them.