Hastings and Co Solicitors offer a low cost debt collection service to private individuals or businesses that are owed money.
We offer a number of services including:-
Letters before action
We will write to the debtor and warn them that if they do not pay off the debt within 7 days legal proceedings will be issued against them. For business to business debts we automatically make a claim for compensation payable under the Late Payment of Commercial Debts (Interest) Act 1998.
In the majority of cases, the debtor will pay the debt on receipt of a letter before action.
Usually all we need to get started is a copy of the outstanding invoice or if there is more than one invoice a statement of account will do if it contains full details of the outstanding invoices.
Legal proceedings in the County Court or High Court
If the debtor still does not pay, and upon instruction, we will issue legal proceedings to recover the debt. Most debtors pay up on receiving a court summons.
As solicitors are able to recover certain fixed costs from the debtor we are often able to recover the full face value of the debt (in cases where the debt is not disputed). We are also experts in litigation and dispute resolution so we can advise you on the merits of your case if the debt is disputed.
Bankruptcy or insolvency proceedings
If you wish to make someone bankrupt or wind up a company we can act for you.
Once you have a County Court or High Court Judgment we can advise you on the full range of options open to you including:-
- Charging orders over land
- Third party debt orders
- Attachment against earnings
Hastings & Co Solicitors are experts in all aspects of debt collection. For advice or assistance telephone 01245 835 305 without any obligation.