Our Services.

There are a number of choices available to any creditor and specialist services available to solicitors:-

Letters before action, chasing phone calls, Late Payment Demands, all of which can be followed by either a statutory demand or court action. 

Prior to any action we ask you to provide the name of your debtor, so we can run a FREE search to see if they have been made bankrupt or liquidated or have agreed an IVA within the last three months.  This one check saves a substantial amount of time and has saved our customers court fees and official receivers fees. 

                                   Letter before action:

For £5.00 we will send a letter before action and if your debtor pays the only additional fees will be our collection fee which is currently 5%.  However, if the debtor fails to pay we will not charge you the collection fee.  90% of all debts are paid upon receipt of our letter before action.

                                  Late Payment Demand:

This demand is principally used for business to business collections where goods or services have been supplied.  It can be used effectively where your contract does not provide for any interest on overdue invoices.   It is possible to claim interest and compensation for the collection of each invoice.  The compensation rates have been set out in the Late Payments of Commercial Debts Act 1988.  Part of the purpose of this act was to prevent late payment of outstanding accounts. 

The exceptions:  A late payment demand can only be used on another business the rules do not apply to individuals except of course sole traders.

We provide all our clients with a specific line for use on their invoices, to indicate to their customers that this avenue of collection maybe used if their customers payment is late.

                                Our fee for this letter is £5.00.

                                      Statutory Demands:

A number of clients choose to issue statutory demands.  These provide the debtor with full details of the debt and indicate clearly that they only have 21 days to clear the amount outstanding or raise the required objections.   If they fail to do so our case management service comes into force to instigate bankruptcy/winding up procedures against them.

                                            Court Issue:

If a debtor continues to evade there responsibilities we can assist with your proceedings at court.  Allowing you to claiming interest and court fees accordingly.   Our case management service will ensure that no deadlines are missed and every action is taken to recover the full amount outstanding.

                                          Other services:-

Debtor tracing – has your debtor disappeared?  We run a no success no fee service for absconding debtors.

Reports:-

On both individuals and business’.  Ranging from credit scoring through to filed accounts at companies house.

                       Agency hearings in the South West.

We attend every court in Devon and Cornwallproviding solicitors with specialist advocacy services.  The majority of our hearings are repossessions, bankruptcy matters, small claims, Enforcement provisions and warrant.  Please ask Mrs. Clarke to contact you direct by ringing 0845 838 5939