Recover Debt York

 In Debt Recovery Case Studies

Recover Debt; Does your organisation need information on how to recover debt from your customers in and around York? Is your business being detrimentally affected by the number of outstanding invoices you have which is having a major impact on your organisation’s finances and cash flow? If either of these is true Oakwood Solicitors have a dedicated team of debt recovery specialists who are specifically trained in all legal aspects of this field and always ensure they are aware of any changes in legislation which allows us to make sure that all information you we provide your company with is both relevant and up to date.

As we are all aware the recent recession in the United Kingdom has affected many businesses both through their own debts and those of their customers. However when you do provide an organisation with goods or services you have a legal right to receive the payment for this within a reasonable timescale. It is understandable that if this does not happen the late payment will have a knock-on effect on your own business finances and can lead you into a vicious circle.

It is important that when we take on a client we understand the full information surrounding their debt. For example we would first identify the value of the debtand any subsequent costs been incurred due to its late payment; this will identify whether it will be beneficial for your organisation to pursue a claim as if the debt is low value the costs could far outweigh it. We would also establish whether the debtor had the ability to settle what they owe i.e. is the debtor a “can’t pay” or “won’t pay”; obviously in the latter situation we would be able to chase this debt however if it is the former it may not be viable for us to progress this case to court on your behalf.

Is your organisation struggling to stay financially buoyant due to outstanding and overdue invoice payments and you would now like advice on the best methods to recover debt from your customers in and around the York area? If so you should speak to the experts at Oakwood Solicitors who have considerable experience in this field will be able to provide you with a personalised solution to suit your organisation whilst ensuring everything we recommend we carried out in a cost effective and timely manner.

The team Oakwood Solicitors have managed to build up an impressive reputation over the past 10 years and it was for this reason that we were recently contacted by a prospective client who was looking to recover a debt of £1742.28 owed by Ms A of Blackburn. They had heard of our previous successes and felt that we would be the ideal company to enlist to help with all their organisation’s debt recovery needs.

If your organisation needs assistance and advice on how to recover debt in the York area; you should contact the experts at Oakwood Solicitors who will be able to provide you with all the advice and support that you need to reach a prompt resolution to your debt recovery needs. Call our team today on: (0844) 847 2323


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