Legal Debt Recovery in the Leeds UK

 In Debt Recovery Case Studies

Legal Debt Recovery; Are you seeking experienced legal professionals who specialise in debt recovery to aid your company with the retrieval of outstanding funds? Then look no further than the highly skilled team of professionals at Oakwood Solicitors who could use their vast knowledge and expertise in the field of debt recovery to provide the assistance that your company requires to recoup outstanding funds as quickly and cost effectively as possible.

The highly skilled legal professionals at Oakwood Solicitors often employee a simple but effective three stage debt recovery process to aid companies just like yours in retrieving outstanding funds that are owed by either commercial clients or consumers.

The first stage of this process is to issue a Letter of Action to the debtor requesting payment be made within a certain time scale. These letters that are sent by our solicitors have an extremely high success rate often being taken far more seriously than the correspondence that has already been issued by your own company as the majority of businesses and individuals do not want to become involved in legal action. They are extremely cost-effective and in many cases no further legal action is required.

When dealing with business clients the Letter of Action can often be replaced by a Late Payment Demand which allows for interest and compensation to be charged.

Do you require legal assistance from experienced solicitors to help your company with debt recovery? Then you should make a no obligation call to our dedicated debt recovery specialist at Oakwood Solicitors today to discover how our team could work on behalf of your company to secure payment in full of the outstanding funds are owed to you by business or personal debtors.

The experts at Oakwood Solicitors were recently consulted by a client seeking assistance to recoup outstanding funds of £1016.11 from Mr L in London.

In cases where our solicitor’s letter of action does not secure payment in full our professionals can commence legal proceedings against the debtor and then follow this up with judgement and enforcement to ensure that payment is secured as quickly as possible.

The success at any stage of the debt recovery process depends upon the credit standing of the debtor the methods of debt recovery employed by yourself prior to enlisting the help of our experts along with the age of the debt. It is strongly recommended that if a letter of action is not successful in securing payment at a full investigation be carried out into your debtor’s ability to pay and assets before initiating court action to ensure the debt is worth pursuing.

The highly skilled and resource for legal personality Oakwood Solicitors and our dedicated debt recovery department could provide swift and cost-effective tailor-made debt recovery solutions for your business to assist you with the retrieval of outstanding funds that are owe to you by commercial clients or consumers who have yet to pay for the goods or services that they purchase from you; so make a no obligation call to our helpful advisers today on: (0844) 847 2323.


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