If you're owed cash and chasing it's wasting time and swallowing your resources, let's help. In the present climate, many modest companies have money tied up in loans that were outstanding. Frequently this has dire effects for cash flow and thus for the companies long term outlook.
Earning debt from Scotland is straightforward -- at least in theory. Our debt recovery solicitors can help you by:
Offering your creditors a letter notifying them of their amount, rough payment and telling them that action will be removed if they do not make payment as requested. The majority of debtors invest at this point.
When it does not work, we'll start legal proceeding with your consent.
If the claim is not contested, we'll take all measures to enforce the debt.
If the claim is contested, we will proceed to lawsuit on your behalf.
At all phases of this process we'll keep you informed. If you are having trouble with debtors, then we can assist.
Recovery of outstanding debt is important to all individuals and organisations in the present financial climate. We do our best to maximise your return by, where appropriate, trying to recover statutory or contractual interest, compensation fees and judicial expenditures.
If you are owed cash, we can assist. Our debt recovery solicitors have extensive experience of recovering our customers' loans that are outstanding.
How to Recover Debt Scotland
We have an experienced Debt Recovery Team who will help with all aspects of debt recovery, whether the debt is secured and unsecured. Our Team will offer you a full and professional company, in a cost effective rate. Our solutions vary from devoting first demand letters through the raising of court actions into enforcing decrees and bankruptcy proceeding.
Our debt collection staff advise on:
Pre-Litigation Procedures
Enforcement
Cross-Border Debt Procedures
We plan to created long lasting, collaborative relationships with our clients. To that end we are conscious that all clients have specific requirements and requirements in regard to the recovery of any debt for them. We plan to take this into consideration in the beginning of any matter to be able to help enhance a recovery. Our expertise ensures that we take into consideration the circumstances and goals of each individual client, the client's priorities and any special issues that might arise during the course of the process. We can offer advice with regard to pre-litigation and coaching, with a view to supporting clients. We can assist in advising clients in regard to their own credit management processes if required.
Our Solicitors have extensive court experience in managing debt actions including raising and defending actions and appeals from the sheriff courts through Scotland and the Court of Session. We can increase actions for recovery of debts on behalf of both commercial customers and individuals. Our solicitors have expertise acting for a variety of public sector businesses and advise a variety of Property Management companies regarding a wide array of housing matters including paychecks arrears, rechargeable repairs, rent arrears and other debts issues. In addition, we give information to clients in regard to actions for recovery of possession of property.
Our team has experience in handling various complicated issues. Our team is encouraged by experienced people within our firm to deliver a complete business support.
Our experienced staff and practices guarantee the highest caliber of service is consistently and effectively delivered. Our staff prioritise and progress instances quickly and effectively.
Pre-litigation Do You Know What a Collection Agency Does? - Forbes Advice
We can help in pre-litigation process, and we'd talk about your situation and options out there.
Sometimes, the first step would be to issue a demand letter to the debtor advising that we're educated on your behalf. We can help you in this respect. A pre-litigation letter informs a debtor of the situation and needs payment to avoid legal action. The correspondence is intended to prompt a response and payment by the debtor.
In case payment is not forthcoming, consideration would then be dedicated to raising court proceedings.
The kind of court action required on your behalf depends upon your own situation. If activity is required to recover payment, the actions necessary to be increased is based upon the amount due. In the event the debt will be less than 3,000 a small claims proceedings are appropriate, in the event the debt is more than #3,000 but less 5,000 a summary cause action would be raised and where the debt will be over #5,000 an ordinary action should be increased.
You can find court rules that are specific to each type of activity and also our Debt Recovery Team have experience of raising all types of recovery actions in the Sheriff Courts and may provide the proper advice and guidance specific to your personal case.
Please contact one of our Debt Recovery Team to discuss your own individual needs.
Enforcement
After successful court proceeding, the Courts problem an awarding Decree (a written judgement) and authorities can be undertaken to recoup the debt, if necessary. We'll be delighted to advise on the best way to apply the Decree and regain payment.
As soon as you've acquired a Decree (a award against the court in your favour) for recovery of money due to you, authorities needs to be contemplated using several methods of diligence. "Diligence" is a term employed in Scotland to explain the many methods available for you to apply the court order.
The first step in proceeding with any diligence in Scotland would be to serve a fee for payment to the celebration you've been granted decree against. A charge for payment is a formal requirement for payment functioned by Sheriff Officers for payment of the amount as per your Decree, including any expenses and interest. A fee for payment is a fourteen days notice to the debtor to generate payment. If the debtor does not make payment or agreement over the specified fourteen day period you can then proceed with additional diligence. Our Debt Recovery Team will be delighted to talk about any facet of enforcement with you.
A Decree granted at a Scotland Sheriff Court could be enforced in England. To apply a Decree in England you must use to the court that allowed the decree to get a certificate of money provisions. We can help in this process including lodging and preparing an affidavit together with the Sheriff Court, which the original court action jumped. The affidavit most be ensured by a notary public.
Once the certification of money provisions is got this needs to be lodged for authorities with the relevant court in England. We use experienced agents in England and also can assist in registering for the debt in England and implementing exactly the same. Should You Would like to speak to an attorney to Find out More on registering a decree from England please telephone our Debt Recovery Team on 0141 248 3456
It is likewise possible to apply an English or Welsh Court Judgment from Scotland and we can help with this procedure. The first step would be to get a certificate of cash provisions in the court where the original judgement was obtained. The certificate must be enrolled within six weeks of the date of issue. Once receipt of the documented certificate is obtained, enforcement in Scotland could be considered and improved in your behalf.
Sequestration and Bankruptcy Proceedings
If you are contemplating sequestration as a process of debt recovery you must be aware that sequestration doesn't guarantee recovery of sums due to you personally by a debtor. The debtor may, as an example, have additional creditors and the debtor's trustee would is require to disperse funds equally to all lenders on discharge of the debtor's repayment time of bankruptcy.
Our debt recovery team has considerable experience acting on behalf of clients trying to recover amounts from a borrower by using for their sequestration. We also have good connections with Insolvency Practitioners, who will assist creditors in maximising recoveries out of debtors.
If you are considering sequestrating a debtor and Want to Talk to a solicitor please phone our Debt Recovery Team on 0141 248 3456
Director accounts for debt recovery and repossessions and dispute settlement and litigation. He has ample expertise in commercial law disputes and has been an enthusiastic participant at the commercial court at Glasgow since its introduction in 1999. He has more than twenty decades of experience in volume debt recovery and provides a broad assortment of debt recovery advice to institutional and corporate clients, in addition to individuals.
He originally led up the debt division in Kidstons Solicitors, Glasgow. Thereafter, following the merger of Kidstons using a midsize Edinburgh company he headed up the debt recovery division and helped in attaining Legal 500 and Chambers positions for debt recovery.
Director and his staff understand how much clients value successful debt recovery services particularly in the current climate. Our clients trade both south and north of the boundary and litigate in both jurisdictions. Our staff are able to aid in searching recovery of debts UK wide. The key for customers isn't simply obtaining an order in the courtroom. The clients want to receive payment of debts for them. David and his team will guide their customers through the proper legal procedures with a view to achieving an expeditious and cost effective recovery.
She has worked in private practice since 1993. She advises on a broad variety of issues including debt recovery, alternative dispute resolution and financial problems. She frequently appears in sheriff courts conducting litigation in any way stages of the judicial process. She manages description agency instructions for out of city solicitors and provides significant contribution to our debt recovery team in both regular and evidential hearings in cases involving all worth of the debt. She regularly liaises with supporters in relation to complicated or Court of Session work and accepts court appointments because a reporter and curator in juvenile court child maintenance cases.
Paralegal, having attended Strathclyde University and finished classes in Civil Court Procedure and Family Law. Diane co-ordinates our debt recovery division.
She's involved in all aspects of debt recovery, such as raising small claim/summary trigger and typical trigger actions in the Sheriff Court and also the authorities of Decrees obtained. Our Debt Recovery Team behave on behalf of some of Housing Associations and Property Managers and Diane is your direct contact for a Number of These clients. Diane also has expertise in appearing that the Sheriff Court in regard to heritable actions regarding termination of tenancies and the retrieval of outstanding rent. She also attends Court for Diets of Tests and looks before the Auditor of Court in relation to Taxations.
She also has experience in certain Family Law matters including simplified divorce procedure and the drafting of Minutes of Agreement. She finished her Family Law Paralegal Course at 2005.
Diane is a part of the Scottish Society of Specialist Paralegals, with become a member when the Society was set in conjunction with Strathclyde University and CLT Scotland.
Speak to our Debt Recovery Solicitor in Glasgow