Financial Debt Collection Services GlasgowA lot of people find chasing debt hard but failing to do this can cause cashflow problems or worse for businesses.
If you are owed cash and chasing it's wasting time and swallowing your tools, let us help. In the current climate, many smaller businesses have money tied up in loans that were outstanding. Often this has dire effects for cash flow and thus for the businesses long term prognosis.
Recovering debt from Scotland is straightforward -- at least in concept. Our debt recovery lawyers will help you :
Offering your creditors a letter notifying them of their amount, demanding payment and telling them that actions will be taken if they do not make payment as requested. The vast majority of debtors invest at this point.
If this doesn't get the job done, we will start legal proceedings with your permission.
If the claim is not disputed, we'll take all steps to apply the debt.
In case the claim is disputed, we'll proceed to litigation for your benefit.
At all phases of this procedure we'll keep you informed. If you're experiencing trouble with debtors, then we can assist.
Recovery of debt is important to all individuals and organisations in the present financial climate. Recovering debts because of you can often mean the difference between your business being successful or failing. We do our best to maximise your return , where appropriate, attempting to recover contractual or statutory interest, compensation charges and judicial expenses.
If you are made money, we can assist. Our debt recovery solicitors have extensive experience of recovering our clients' loans that are outstanding.
Our Team will provide you with a complete and professional company, at a economical rate. Our services vary from issuing initial demand letters throughout the raising of court activities into enforcing decrees and bankruptcy proceeding.
Our debt collection staff counsel:
Cross-Border Debt Approaches
To that end we are aware that all customers have particular requirements and requirements in regard to the recovery of any debt due to them. We plan to take this into consideration in the beginning of any subject in order to help increase a recovery. Our expertise ensures that we take into consideration the circumstances and objectives of each individual customer, the client's priorities and any special issues which may arise through the course of the process. We can provide advice in relation to pre-litigation and training, with a view to encouraging clients. We can assist in advising clients in relation to their credit management procedures when required.
Our Solicitors have extensive court experience in dealing with debt activities involving raising and defending actions and appeals in the sheriff courts throughout Scotland and the Court of Session. We can boost activities for recovery of loans on behalf of the business customers and individuals. Our lawyers have expertise acting for any number of public sector businesses and counsel a number of Property Management companies regarding a huge variety of housing issues such as factoring arrears, rechargeable repairs, rent arrears and other debts matters. In addition, we give information to clients in regard to actions for recovery of ownership of property.
Our team has experience in dealing with various complex issues. Our staff is supported by experienced individuals within our firm to provide a complete business support.
Our experienced staff and practices guarantee the finest quality of service is consistently and efficiently delivered. Our staff prioritise and progress cases quickly and efficiently.
Pre-litigation Debt Recovery Collections Kinum Advice
We can aid in pre-litigation process, and we would talk about your situation and options available.
In some cases, the very first step is to issue a demand letter to the borrower informing that we're educated on your behalf. We can assist you in this regard. A pre-litigation letter informs that a debtor of the situation and demands payment to avoid legal action. The letter is meant to prompt a reply and payment by the debtor.
In case payment isn't forthcoming, consideration would then be dedicated to raising court proceedings.
The sort of court action required on your behalf depends your own situation. If action is needed to recover payment, then the action required to be increased is based upon the amount due. If the debt will be less than 3,000 a small claims proceedings are right, if the debt is more than 3,000 but less than #5,000 a listing trigger action could be raised and where the debt is over #5,000 a normal action should be raised.
You can find court rules that are specific to each kind of activity and our Debt Recovery Team have experience of increasing all kinds of recovery actions in the Sheriff Courts and may supply the appropriate advice and guidance unique to your personal case.
Please contact our Debt Recovery Team to examine your personal needs.
Following successful court proceedings, the Courts issue an Extract Decree (a written judgement) and authorities can be undertaken to recover the debt, even if necessary. We'll be happy to advise on the best way to enforce the Decree and recover payment.
When you have acquired a Decree (an award in the courtroom in your favor ) for recovery of cash because of you, enforcement requires to be contemplated using several methods of diligence. "Diligence" is a term used in Scotland to explain the several methods available to you to apply the court order.
The very first step in proceeding with any diligence in Scotland is to serve a fee for payment to the celebration that you have been awarded decree against. A charge for payment is a formal requirement for payment functioned by Sheriff Officers for payment of the amount due per your Decree, including any expenses and interest. A fee for repayment is a two day notice to the borrower to make payment. If the borrower doesn't make payment or agreement within the specified fourteen day period you can then proceed with additional diligence. Our Debt Recovery Team will be delighted to go over any facet of enforcement with you.
Cross Border Debt Recovery Procedures
A Decree granted in a Scotland Sheriff Court can be enforced in England. To enforce a Decree in England you have to apply to the court which allowed the decree to obtain a certification of money provisions. We can assist in this procedure which includes my company lodging and preparing an affidavit together with the Sheriff Court, which the initial court action proceeded. The affidavit most be guaranteed by a notary public.
When the certificate of money provisions is accessed this needs to be lodged for enforcement with the appropriate court in England. We work with seasoned agents in England and also can assist in registering the debt from England and implementing exactly the same. Should You Would like to speak to a solicitor to Learn More on registering a decree in England please call our Debt Recovery Team on 0141 248 3456
It's likewise possible to apply an English or Welsh Court Judgment at Scotland and we can assist with this procedure. The first step would be to obtain a certification of money provisions in the courtroom where the initial judgement has been obtained. The certificate has to be registered within six months of the date of issue. After receipt of the documented certification is received, enforcement in Scotland can be considered and progressed on your behalf.
Sequestration and Bankruptcy Proceedings
If you are thinking of sequestration as a process of debt recovery you must be conscious that sequestration does not guarantee recovery of sums due to you personally by a debtor. The borrower may, for example, have additional creditors and the debtor's trustee would is require to disperse funds equally to all lenders on discharge of the debtor's period of bankruptcy.
Our debt recovery team has considerable experience acting on behalf of clients trying to recover sums from a debtor by using for their sequestration. In addition, we have good connections with Insolvency Practitioners, that will help creditors in maximising recoveries out of debtors.
If you are considering sequestrating a debtor and Want to speak to a solicitor please telephone our Debt Recovery Team on 0141 248 3456
Raeside Chisholm Debt Recovery Team
Manager is responsible for debt recovery and repossessions and dispute resolution and litigation. 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 over twenty decades of expertise in quantity debt recovery and provides a complete range of debt recovery advice to institutional and corporate customers, as well as individuals.
He initially headed up the debt department at Kidstons Solicitors, Glasgow. Thereafter, following the merger of Kidstons using a mid-sized Edinburgh firm he headed up the debt recovery department and helped in achieving Legal 500 and Chambers positions for debt recovery.
Director and his team understand how much customers value successful debt recovery services especially in the present climate. Our customers trade both south and north of the border and litigate in both jurisdictions. Our staff are able to help in searching recovery of trades UK wide. The key for customers is not simply obtaining an order in the courtroom. The customers wish to acquire payment of debts due to them. David and his staff can guide their customers through the appropriate legal processes with a view to attaining an expeditious and cost effective recovery.
She frequently appears in juvenile courts running litigation at all phases of the judicial procedure. She manages agency instructions for out of town attorneys and provides significant donation to our debt recovery staff in both routine and evidential hearings in cases affecting all worth of the debt. She frequently liaises with advocates in relation to complex or Court of Session job and takes court appointments as a reporter and curator in juvenile court child maintenance cases.
She was qualified for over 15 years at Civil Court Practice. Diane co-ordinates our debt recovery department.
Our Debt Recovery Team behave on behalf of some of Housing Associations and Real Estate Managers and Diane is your direct contact for a Number of These clients. Diane also has experience in emerging that the Sheriff Court in regard to heritable activities relating to termination of tenancies and also the recovery of outstanding rent. She also attends Court Diets of Assessments and looks prior to the Auditor of Court compared to Taxations.
She has experience in some Family Law matters including simplified divorce procedure and also the drafting of Minutes of Agreement.
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.