Issue - meetings

Debt Write Off

Meeting: 08/11/2017 - Audit Committee (Item 5)

5 Debt Write Off pdf icon PDF 57 KB

To consider a report of the Borough Treasurer.

 

The report outlines details in respect to write offs of low level amounts of debt for the period 1 April 2016 to 31st March 2017.

 

The Audit Committee is invited to comment on the report.

 

Officer Contact: Alison Blount on Tel: 0161 474 5107 or email: alison.blount@stockport.gov.uk

Additional documents:

Minutes:

The Borough Treasurer submitted a report (copies of which had been circulated) providing the Audit Committee with a summary of details debt write offs of low level amounts of debt for the period 1 April 2016 to 31 March 2017.

 

The following issues were discussed:-

 

·         Using all means at the disposal of the Council to ensure that companies do not use insolvency as a mechanism to avoid their debt obligations.

·         The Council worked with debtors to arrange repayment schedules, or used those already agreed through other enforcement agencies.

 

RESOLVED – That the report be noted.