Debt collection recovery;
Are you seeking debt collection advice and assistance with the recovery of outstanding funds owed by commercial clients or consumers in York from experienced legal professionals?
Then you should make a no obligation call to the debt recovery specialists at Oakwood Solicitors to discover how our dedicated team could use their vast knowledge and expertise in this field to collect the outstanding funds from non-paying customers on your behalf.
The initial stage of the debt recovery process employed by our professionals is often to issue a Letter of Action to the debtor demanding that the payment be made within a certain time scale.
However if this does not prompt an immediate payment further legal action may be required.
The dedicated to recovery team at Oakwood Solicitors were recently contacted by a client seeking expert assistance with the retrieval of outstanding funds from Mr L from Slough who owed £665.60.
Do you require assistance from our dedicated team as this client did?
Are you in search of a professional debt collection team that could aid your company with the recovery of outstanding funds from business or personal debtors in York?
Then look no further than the highly reputable legal professionals in the dedicated debt collection team at Oakwood Solicitors as our experts could act on behalf of your organisation to obtain payments in full of the outstanding funds that are owed to you by business or personal debtors who have defaulted on their loan repayments or failed to make payment on invoices for goods or services.
It is highly advisable that investigations are carried out into the credit standing and assets of your debtor to establish whether or not the debt is worth pursuing before you incur costs involved with court action.
There are various ways of investigating whether the debtor has any money or physical assets and our knowledgeable professionals can guide you through these investigation techniques or even carry them out on your behalf if you prefer.
You first need to establish whether the debtor is an individual debtor for example a sole trader or a company debtor which would include limited companies and partnerships.
For individual that is the assets may include equity in property that they own and a small fee will allow you to undertake a search of the land registry in order to stay in if they are the registered owner of any land or buildings along with any mortgages that are outstanding on the property.
If it is a company debtor you are investigating a search of Companies House will inform you if they are currently subject to insolvency proceedings.
WHAT TO DO NEXT
The dedicated debt collection team at Oakwood Solicitors could provide fast and cost-effective debt recovery solutions; so make a no obligation call to our helpful advisers for a free initial consultation to discuss the most appropriate course of action to recoup the funds that you are owed on: 0113 200 9720.
