With a specialist panel of debt recovery solicitors at our disposal, our clients are able to benefit from an effective litigation service at a substantially reduced, or in some cases, zero rate. Our clients receive a full in-depth legal service encompassing all means of enforcement, arbitration and dispute resolution.
Our panel of solicitors have been chosen for their pro-active approach to debt recovery matters and the thorough use of all legal methods available to them. Cases receive action immediately upon referral and clients are kept updated throughout the legal process.
Fixed Recoverable Costs
If necessary, in the small percentage of cases where our debt recovery team are unable to secure payment, clients will be advised to consider legal action. Provided the matter is simply one of "won't pay" despite all our internal efforts, is not disputed, and under the current £5000 small claims limit, the solicitors work on fixed recoverable costs. This allows our clients to benefit from an extremely cost-effective litigation solution. If successful the costs are entirely recoverable from the debtor.
Insolvency Proceedings
If necessary (in cases over £750 in value, and where there is no dispute) the debtor will be pursued utilising insolvency proceedings. That is the personal service of Statutory Demands both to individual, partnership and company debtors. Whilst seen as a harsh step by many Credit Management service providers, we have proved such action results in swift payment being procured for our clients, where other more traditional methods have failed. By far the majority of debtors contacted in this manner will either pay in full or negotiate a settlement arrangement acceptable to our clients. For the more difficult cases, both individual Bankruptcy Petitions and Company Winding Up Petitions can follow.
Personal and Practical
The solicitors will provide helpful advice and guidance as to the best course of action required to secure a successful recovery on a case by case basis. They will ensure that at every stage the client fully understands the steps involved, the projected time scales and any potential cost implications whilst keeping the client fully informed throughout this legal process.
Contacting Us
If you have any questions or queries relating to this Privacy Policy then please contact us at info@ukdebtenforcementagency.co.uk or telephone 01772 671355