Recovery Of Bad Debt Uk
Is your organisation looking for a solicitors firm who are able to assist in the recovery of bad debt process in the UK? Have you as a corporate organisation provided a product or service to an individual or company however they have failed to pay for this product or service within the agreed amount of time? The team at Oakwood Solicitors are able to provide effective solutions to organisations across the UK and they will be able to discuss initiating debt recovery proceedings against this debtor.
The team at Oakwood Solicitors are extremely experienced in regards to helping businesses of a variety of different sizes recovering any amount of debt large or small. We understand and appreciate that any size debt can dramatically affect your organisation’s profitability as it restricts on vital cash flow that can be needed for the day-to-day running of your business. Our team will always look at the best options in regards to recouping outstanding debt and because our team practice specifically in this field of law you can be assured that they will be able to use their experience to benefit your company and recover outstanding bad debt on your behalf.
The dedicated team at Oakwood Solicitors will provide you with one legally trained expert who will manage an entire campaign from start to finish on your behalf and they will discuss the various different options that they feel will be appropriate to your organisation. During an initial consultation they will get a thorough understanding of your business the debtor involved and the amount of finances that are outstanding at your organisation and they will then be able to advise you accordingly on the best path they feel will benefit your organisation. Just a small number of the services that our team can provide businesses across the UK will include:
• Sending pre-legal letters threatening legal action if the debt is not paid within a certain period of time.
• Where a business to business relationship occurs we can look to issue a Late Payment Demand charging interest and compensation under the Late Payment of Commercial Debt Regulations 2002.
• Issuing legal proceedings against an organisation at County Court and helping your business obtain a CCJ and using various different methods to help you enforce this judgement.
How do I know if I have selected the right legal firm if I decide to speak to the team at Oakwood Solicitors in regards to the recovery of bad debt owed to my organisation in the UK?
Because our team are extremely experienced in this field of law you can be assured that you are speaking to the right team and as we also tailor an approach on your behalf you can be assured that only the best methods are selected for your organisation. We can provide you with a free no obligation consultation and can discuss any queries that you may have over the phone during this no obligation discussion. We also have an extremely strong reputation and because of this we do receive a large number of enquiries from businesses across the UK; an organisation that recently contacted our team was a business that needed to recover £1629.36 from Mr M who was from London and our team will have provided advice to this client and advised them whether we could start the debt collection process on their behalf.
If your organisation requires expert services from a solicitors firm who can help in the recovery of bad debt process in the UK then you can consult the team at Oakwood Solicitors today on:0844 847 2323.
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