No Win No Fee Debt Collection Lawyers
Our litigation solicitors are located in Glasgow, Shawlands & East KIlbride and specialize in recovering both industrial and individual debts because Office of State Debt Collection - Utah Division of Finance of our clients in Scotland -- fast!
We act for all kinds of companies in Scotland and the most frequent types of debt recovery comprise bill retrieval, loans, construction contracts, bankruptcy situations, customer debts and much more complicated contract disputes.
How do we help you recover debts?
Send us the details of your debtors FREE OF CHARGE. Using our expert systems we will find out for one of that the prospects of recovery of your debt(s). When the prospects of recovery are great, we counsel you over the best paths -- these may include, for example, sending a letter of need, which may provoke the debtor into paying their debt immediately without having to resort to the courts. However, in the majority of cases we litigate. It is as straightforward as that!
After explaining your choices and, even if we identify that lawsuit is the best path for you, we would raise a court action in the courts (generally Sheriff Court, although Court of Session in Edinburgh may be appropriate in certain circumstances), trying immediate payment of their debt, as well as interest on the debt and any expenses due. In certain circumstances involving larger debts, ancillary measures will be taken, such as'freezing' cash in the debtor's bank accounts or asking the court to block the lien from selling their house or property before the debt is repaid.
Recovering Interest on Debt
It may be challenging for companies to manage their cash flow and keep their business operating if they don't take adequate actions to recover debt for them.
If your organization is owed cash, you must plan to recover this debt as soon as possible (talk to us). When you pursue a method to recover your debt, then you're entitled to seek interest on the sum to the extent that the payment is late.
Our Scottish debt recovery solicitors are specialists in this area and we will act in your behalf to ensure you receive the utmost payment owed to you under Scots Law.
The amount of interest that could be recovered is generally calculated at 8% above the base rate, starting 30 days after the debt is expected. The due date for repayment in respect of goods or services is the later of either the date of delivery of the merchandise or goods, or the date on which note (like in the form of an invoice) was given to linked here the buyer of the sum of the debt.
The important point to note is that when debt is due to your small business and the payment overdue, we will always try to regain interest on such debt to you and we appreciate how significant the recovery of these sums can be for your company.
Speak to our Debt Recovery Pros in Glasgow, Edinburgh, Calling out Judicial Bias Against Debt Collectors in NJ New Jersey ... Inverness & Aberdeen, Scotland
Based in Glasgow, Shawlands and East Kilbride, we provide our clear and sensible legal solutions to individuals across Scotland including those from Airdrie, Edinburgh, Motherwell, Bellshill