A lot of men and women find chasing debt difficult but failing to do this can cause cashflow problems or worse for companies.
If you're owed cash and pursuing it's wasting time and swallowing your tools, let us help. In the present climate, many small companies have cash tied up in loans that were outstanding. Often this has dire consequences for cash flow and thus for the businesses long term prognosis.
Earning debt in Scotland is simple -- at least in theory. Our debt recovery solicitors can help you :
Offering your creditors a letter notifying them of this outstanding amount, demanding payment and telling them that action will be taken if they do not make payment as requested. The majority of debtors invest now.
When it doesn't get the job done, we will start legal proceedings with your consent.
In case the claim is not disputed, we'll take all actions to enforce the debt.
If the claim is contested, we'll proceed to lawsuit on your behalf.
At all phases of this process we will keep you informed. If you are having trouble with debtors, we can help.
Recovery of debt is important to all organisations and individuals in the present financial climate. Recovering debts due to you can often mean the difference between your business being successful or failing. We endeavor to increase your return , where appropriate, seeking to recover contractual or statutory interest, compensation fees and judicial expenditures.
If you are owed money, we can help. Our debt recovery lawyers have extensive experience of recovering our clients' loans that are outstanding.
We have an experienced Debt Recovery Team who can help with all aspects of debt recovery, whether the debt is unsecured and secured. Our Team will offer you a complete and professional company, in a cost effective rate. Our solutions range from devoting first demand letters through the increasing of court activities to enforcing decrees and bankruptcy proceeding.
Our debt collection team advise on:
Cross-Border Debt Approaches
We plan to created long lasting, collaborative relationships with our clients. To that end we're conscious that all clients have specific requirements and requirements in relation to the restoration of any debt for them. We aim to take this into account at the outset of any matter to be able to help streamline a recovery. Our expertise ensures that we take under account 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 in relation to pre-litigation and coaching, with a view to supporting customers. We can assist in advising clients in relation to their own credit management processes when needed.
Our Solicitors have extensive court experience in dealing with debt actions involving raising and defending actions and appeals from the juvenile courts through Scotland and the Court of Session. We can raise actions for recovery of debts on behalf of both commercial clients and individuals. Our attorneys have expertise acting for a range of public sector organisations and counsel a range of Property Management companies regarding a huge array of housing issues such as paychecks arrears, rechargeable repairs, rent arrears and other debts matters. We also provide information to clients in relation to actions for recovery of possession of land.
Our staff has expertise in handling many different complicated problems. Our team is supported by experienced people in our firm to deliver a full business support.
Our experienced staff and practices ensure the best caliber of service is always and effectively delivered. Our team prioritise and advancement instances quickly and efficiently.
Pre-litigation Self Help Legal Information - Debt Collection - Consumer Issues ... Advice
We can assist in pre-litigation procedure, and we'd discuss your situation and alternatives out there.
In some cases, the first step is to issue a demand letter to the debtor informing that we are instructed on your behalf. We can help you in this aspect. A pre-litigation letter advises that a debtor of the circumstance and demands payment to prevent legal action. The letter is meant to prompt a response and payment from the debtor.
In the event that payment isn't forthcoming, consideration will then be dedicated to increasing court proceeding.
The sort of court actions required on your benefit depends your own circumstance. If activity is required to recover payment, then the action needed to be raised depends upon the amount . In the event the debt will be less than 3,000 a tiny claims proceedings are appropriate, if the debt is more than #3,000 but less than #5,000 a summary cause action could be raised and where the debt is over #5,000 a normal action ought to be increased.
You can find court rules which are specific to each sort of activity and our Debt Recovery Team have experience of raising all sorts of recovery actions in the Sheriff Courts and will give the appropriate advice and guidance unique to your personal circumstance.
Please contact our Debt Recovery Team to discuss your personal needs.
Following successful court proceeding, the Courts problem an Extract Decree (a written conclusion ) and enforcement can be undertaken to recoup the debt, if needed. We will be delighted to advise on how best to apply the Decree and regain payment.
Once you've got a Decree (an award against the court in your favor ) for recovery of money due to you, authorities requires to be considered using several techniques of diligence. "Diligence" is a term used in Scotland to describe the many different methods available for you to enforce the court order.
The very first step in proceeding with any diligence in Scotland would be to serve a charge for payment on the party that you have been awarded decree against. A charge for repayment is a formal demand for payment functioned by Sheriff Officers for payment of this sum as per your Decree, including any expenses and interest. A charge for payment is a two day notice to the borrower to generate payment. If the borrower doesn't make payment or arrangement over the given fourteen days period then you can proceed with additional diligence. Our Debt Recovery Team will be delighted to discuss any facet of authorities alongside you.
A Decree granted at a Scotland Sheriff Court can be enforced in England. To apply a Decree in England you must apply to the court that granted the decree to acquire a certification of money provisions. We can help in this procedure including preparing and lodging an affidavit together with the Sheriff Court, and also the initial court action jumped. The affidavit most be guaranteed by a notary public.
When the certificate of money provisions is obtained that this needs to be lodged for enforcement with the appropriate court in England. We use experienced agents in England and also can help out with registering for the debt from England and applying exactly the same. Should you wish to more helpful hints speak to a solicitor to Learn More on enrolling a decree from England please telephone our Debt Recovery Team on 0141 248 3456
It is likewise possible to enforce an English or Welsh Court Judgment at Scotland and we can help with this process. The very first step is to obtain a certification of cash provisions from the court where the initial judgement was obtained. The certification has to be enrolled within six weeks of the date of issue. Once receipt of the enrolled certificate is received, enforcement in Scotland could be considered and improved in your behalf.
If you are thinking of sequestration for a system of debt recovery you should be aware that sequestration does not guarantee recovery of all sums due to you by a debtor. The debtor may, by way of instance, have additional lenders and the debtor's trustee will be require to disperse funds equally to all creditors on release of the debtor's repayment period of bankruptcy.
Our debt recovery team has significant experience acting on behalf of customers trying to recover sums from a borrower by using for their sequestration. We also have great relationships with Insolvency Practitioners, that will help creditors in Assessing recoveries in debtors.
If You Are Thinking about sequestrating a debtor and Want to speak to a solicitor please phone our Debt Recovery Team on 0141 248 3456
Raeside Chisholm Debt Recovery Team
He has ample experience in commercial law disputes and has been an enthusiastic participant at the industrial court at Glasgow because its introduction in 1999. He has more than twenty years of expertise in volume debt recovery and supplies a full range of debt recovery advice to corporate and institutional clients, in addition to individuals.
He originally led up the debt department at Kidstons Solicitors, Glasgow. Thereafter, after the merger of Kidstons using a mid-sized Edinburgh company he headed up the debt recovery department and aided in attaining Legal 500 and Chambers positions for debt recovery.
Director and his team understand how much clients appreciate effective debt recovery services especially in the present climate. Our customers trade both north and south of the boundary and litigate in the two jurisdictions. Our team can aid in looking for recovery of trades UK wide. The key for clients isn't simply obtaining an order in the courtroom. The clients wish to acquire payment of debts due to them. David and his team will guide their customers through the proper legal procedures with a view to attaining an expeditious and cost effective recovery.
Experienced attorney within our dispute resolution and litigation department. She regularly appears in juvenile courts running litigation at all phases of the judicial process. She manages agency directions for out of city solicitors and provides substantial contribution to our debt recovery team in both regular and evidential hearings in cases involving all values of the debt. She often liaises with supporters in relation to complex or Court of Session job and takes court appointments because a reporter and curator in sheriff court child maintenance cases.
Diane co-ordinates our debt recovery division.
Our Debt Recovery Team behave on behalf of some of Housing Associations and Property Managers and Diane is your direct contact for many of these customers. Diane also has expertise in emerging the Sheriff Court in relation to heritable activities relating to termination of tenancies and also the retrieval of rental. She attends Court for Diets of Assessments and appears prior to the Auditor of Court compared to Taxations.
She has experience in certain Family Law matters such as 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, having become a part when the Society was set in conjunction with Strathclyde University and CLT Scotland.
Contact our Debt Recovery Solicitor in Glasgow