Business distinctions
| Issue | Why it matters |
|---|---|
| Legal debtor | A company, individual, sole trader and partnership are not interchangeable. |
| Premises | Entry rules at commercial premises can differ from residential entry. |
| Goods ownership | Goods may belong to employees, landlords, customers, suppliers, directors or finance companies. |
| Tools and equipment | The personal-use statutory exemption is not a blanket exemption for every business asset. |
| Commercial rent arrears recovery | CRAR is a specific statutory process with its own conditions. |
| Insolvency | Insolvency procedures can change enforcement rights and require specialist advice. |
Evidence
- Company registration and accounting records.
- Invoices, asset registers and finance agreements.
- Lease and landlord inventories.
- Employee or customer ownership evidence.
- Judgment, writ, warrant or CRAR notice.
- Current insolvency or restructuring documents.
Sources
Review status
Legal content reviewed against the sources identified on this page on 27 July 2026. The next review is due on 27 July 2028.