The Late Payment Of Commercial Debts Doncaster

 In Debt Recovery Case Studies

The Late Payment Of Commercial Debts; Is your business seeking a dedicated professional solicitors firm that can help your business recover the late payment of commercial debts that are owed to your organisation in Doncaster? Is your business struggling to stay financially buoyant due to a lack of vital cash flow that is owed to your business from a commercial client or consumer? Commercial debt can be a big problem for organisations across the UK however the team at Oakwood Solicitors have developed many solutions in regards to this problem and they will be able to discuss the best services available to your organisation.

How to tackle commercial debts at your business

The best way to go about recovering commercial debts is to solicit a highly successful legal team who will be able to guide you through the intricacies of debt recovery law and discuss the process involved of recouping outstanding finances for your business. As the team at Oakwood Solicitors specifically practice in this field of law you can be assured that the legal experts working here can provide some of the best services in the market and they will be able to provide you with up-to-date advice and assistance in regards to all aspects of the debt recovery process. In general there are three stages that our team will go through and these are detailed just below:

Step one – this is where our team will look to use pre-legal services including drafting letters threatening legal action issuing Late Payment Demands and performing telephone calls chasing the outstanding debt on your behalf. The majority of our clients do actually recover all their outstanding debt using these methods as commercial organisations that receive correspondence from a legal firm are more likely to pay in full with the fear of facing legal action later down the line.
Step two – if the above pre-legal services have been unsuccessful then our team will be able to issue legal proceedings at County Court and we will be able to help you obtain a CCJ against an organisation.
Step three – if the organisation has failed to respond to this CCJ (County Court Judgement) then our team will use various different methods to enforce this judgement on your behalf and we will always select the most cost-effective method for your business.

How do I know if I have chosen the right firm if I choose Oakwood Solicitors to recover the late payment of commercial debts on my behalf in Doncaster?

As mentioned above our team practice specifically in this field of law and we will also appoint you with one legally trained expert who will manage the process from start to finish. This will leave you the time to focus on running your business and our team will happily update you on a regular basis with regards to the progression of your case. We also provide extremely cost-effective solutions to debt recovery and where possible we will always strive to recover our fees from the third party involved in the case. Our team have built up a strong reputation across the UK in regards to this particular field of law and we were recently contacted by an organisation that needed to recover £534.36 from Mr C who was from London.

If your organisation needs advice in regards to recovering the late payment of commercial debts owed to your business in Doncaster then you can speak to the highly dedicated and friendly professionals working at Oakwood Solicitors today on:0844 847 2323.


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