If you are owed cash and pursuing it's wasting time and consuming your resources, let us help. In the present climate, many small companies have cash tied up in outstanding debts. Often this has dire consequences for cash flow and thus for the companies long term prognosis.
Earning debt in Scotland is simple -- at least in concept. Our debt recovery lawyers will help you :
Offering your creditors a letter informing them of this amount, demanding payment and notifying them that actions will be accepted if they do not make payment as requested. The majority of debtors pay at this point.
If this doesn't get the job done, we'll start legal proceeding together with your permission.
In the event the claim is not contested, we'll take all actions to enforce the debt.
If the claim is disputed, we will proceed to lawsuit on your behalf.
At all stages of the process we will keep you informed. If you are having trouble with debtors, we can assist.
Recovery of outstanding debt is valuable to all organisations and individuals in the present economic climate. Recovering debts due to you can often mean the difference between your business being successful or failing. We endeavor to increase your return by, where appropriate, trying to recover contractual or statutory interest, reimbursement charges and judicial expenses.
If you're made cash, we can assist. Our debt recovery lawyers have extensive experience of recovering our clients' loans that are outstanding.
We've got an experienced Debt Recovery Team who can assist with all aspects of debt recovery, if the debt is secured and unsecured. Our Team will offer you a complete and professional service, in a cost effective rate. Our services range from issuing initial demand letters through the increasing of court actions to enforcing decrees and bankruptcy proceeding.
Our debt collection staff advise on:
Pre-Litigation Procedures
Enforcement
Cross-Border Debt Approaches
We aim to created long lasting, collaborative relationships with our customers. To this end we're aware that all clients have specific needs and requirements in regard to the recovery of any debt due to them. We plan to take this into account in the beginning of any subject so as to help streamline a restoration. Our expertise ensures that we take into consideration the conditions and objectives of each individual client, the customer's priorities and some special issues which may arise throughout the course of this process. We can provide advice in relation to pre-litigation and coaching, with a view to supporting clients. We can assist in advising clients in regard to their credit management processes when required.
Our Solicitors have extensive court experience in handling debt activities involving raising and defending actions and appeals from the sheriff courts throughout Scotland and the Court of Session. We can increase actions for recovery of trades on behalf of the commercial clients and individuals. Our solicitors have experience acting for any range of public sector organisations and counsel a number of Property Management companies regarding a wide array of housing issues including paychecks arrears, rechargeable repairs, rent arrears and other debts issues. We also offer information to clients in relation to actions for recovery of possession of land.
Our team has experience in handling many different complicated issues. Our staff is encouraged by experienced individuals in our firm to offer a complete business service.
Our experienced personnel and practices ensure the highest quality of service is consistently and efficiently delivered. Our team prioritise and advancement instances quickly and efficiently.
Pre-litigation 3 Strategies to Handle Debt Collectors - NerdWallet Advice
We can aid in pre-litigation process, and we'd discuss your situation and alternatives out there.
Sometimes, the first step is to issue a demand letter to the borrower informing that we are instructed on your behalf. We can help you in this respect. A pre-litigation letter informs a debtor of the situation and needs payment to prevent legal action. The correspondence is intended to prompt a reply and payment by the debtor.
In the event that payment is not forthcoming, consideration would then be dedicated to increasing court proceeding.
The kind of court action required on your behalf depends your own circumstance. If activity is required to recover payment, then the action necessary to be raised is based on the amount due. If the debt is less than #3,000 a little claims proceedings are right, in the event the debt is greater than #3,000 but less than #5,000 a summary cause actions could be increased and where the debt is over #5,000 a normal action should be increased.
You can find court rules that are specific to each kind of activity and also our Debt Recovery Team have experience of raising all kinds of recovery activities in the Sheriff Courts and will give the proper advice and guidance specific to your personal case.
Please contact one of our Debt Recovery Team to talk about your own individual needs.
Enforcement
After successful court proceeding, the Courts issue an Extract Decree (a written conclusion ) and enforcement can be undertaken to recover the debt, even if needed. We'll be delighted to advise on how best to enforce the Decree and recover payment.
Once you've acquired a Decree (an award from the court in your favour) for recovery of cash because of you, enforcement needs to be considered using several techniques of diligence. "Diligence" is a term employed in Scotland to describe the various methods available for you to apply the court order.
The initial step in proceeding with any diligence in Scotland is to serve a charge for payment on the party which you've been granted decree against. A find out here charge for payment is a formal demand for repayment functioned by Sheriff Officers for repayment of the sum as a Decree, including any interest and expenses. A charge for repayment is a fourteen days notice to the borrower to generate payment. If the debtor does not make payment or agreement over the specified fourteen days period you can then proceed with further diligence. Our Debt Recovery Team will be delighted to talk about any aspect of enforcement alongside you.
A Decree granted in a Scotland Sheriff Court could be enforced in England. To apply a Decree in England you have to apply to the court which allowed the decree to acquire a certificate of cash provisions. We can assist in this procedure which includes preparing and lodging an affidavit with the Sheriff Court, which the first court action jumped. The affidavit most be ensured by a notary public.
Once the certification of money provisions is obtained that this needs to be lodged for enforcement with the appropriate court in England. We work with experienced agents in England and also can help out with registering for the debt from England and applying exactly the same. Should You Would like to speak to a solicitor to Find out More on enrolling a decree in England please call our Debt Recovery Team on 0141 248 3456
It is also feasible to apply a British or Welsh Court Judgment from Scotland and we can assist with this process. The very first step is to acquire a certification of cash provisions from the court where the initial judgement has been obtained. The certification must be registered within six months of the date of difficulty. After receipt of the registered certification is received, authorities in Scotland may be considered and improved in your behalf.
If you're considering sequestration as a method of debt recovery you must be aware that sequestration does not guarantee recovery of all sums due to you by a debtor. The debtor may, for instance, have added lenders and the debtor's citizenship will be require to distribute funds equally to all creditors on release of the debtor's repayment phase of bankruptcy.
Our debt recovery team has significant experience acting on behalf of clients trying to recover sums from a borrower by applying to their sequestration. We also have good relationships with Insolvency Practitioners, that will help creditors in maximising recoveries from debtors.
If You Are Thinking about sequestrating a debtor and would like 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 since its debut in 1999. He has more than twenty years of expertise in quantity debt recovery and offers a full range of debt recovery advice to institutional and corporate customers, as well as individuals.
He originally headed up the debt department at Kidstons Solicitors, Glasgow. Thereafter, after the merger of Kidstons with a midsize Edinburgh firm he led up the debt recovery division and helped in attaining Legal 500 and Chambers rankings for debt recovery.
Director and his team understand how much customers value effective debt recovery services especially in the present climate. Our customers trade both south and north of the boundary and litigate in the two jurisdictions. Our staff can assist in seeking recovery of trades UK wide. The key for customers isn't just receiving an order in the court. The clients wish to obtain payment of debts for them. David and his staff will guide their clients through the suitable legal procedures with a view to attaining an expeditious and economical recovery.
Experienced solicitor in our dispute resolution and litigation section. She has worked in private practice since 1993. She frequently appears in juvenile courts running litigation in any respect phases of the judicial procedure. She manages agency directions for outside of town attorneys and offers significant donation to our debt recovery staff in both regular and evidential hearings in cases affecting all values of debt. She regularly liaises with advocates in regard to complex or Court of Session job and accepts court appointments as a reporter and curator in sheriff court child maintenance cases.
She has been qualified for over 15 years at Civil Court Practice. Diane co-ordinates our debt recovery department.
She's involved in all aspects of debt recovery, such as increasing small claim/summary cause and ordinary cause actions in the Sheriff Court and the authorities of Decrees acquired. Our Debt Recovery Team act on behalf of a number of Housing Associations and Real Estate Managers and Diane is your direct contact for many of these clients. Diane also has expertise in appearing that the Sheriff Court in regard to heritable activities concerning termination of tenancies and the retrieval of rental. She also attends Court for Diets of Tests and looks prior to the Auditor of Court in relation to Taxations.
She has expertise in some Family Law matters including simplified divorce procedure and the drafting of Minutes of Agreement.
Diane is a member of the Scottish Society of Specialist Paralegals, with become a member when the Society was set along with Strathclyde University and CLT Scotland.
Contact our Debt Recovery Solicitor in Glasgow