No Win No Fee Debt Collection Lawyers
Our litigation attorneys are located in Glasgow, Shawlands & East KIlbride and concentrate in recovering both commercial and individual debts because Congress should vote down this harmful debt collection legislation ... of our customers in Scotland -- quickly! Our team is led by specialist Litigation attorney and Times Lawyer of the Week Billy Smith.
We act for all kinds of companies in Scotland and the most common kinds of debt recovery include invoice retrieval, loans, construction contracts, bankruptcy situations, customer debts and much more complex contract disputes.
How can we help you regain debts?
Send us the details of your debtors FREE OF CHARGE. Using our specialist systems we will find out for you that the prospects of recovery from your debt(s). If the prospects of recovery are all good, we advise you over the most effective routes -- these can include, for example, sending a letter of need, which can provoke the borrower into paying their debt instantly without needing to resort to the courts. But, in the majority of cases we litigate. It is as simple as that!
After describing your options and, even if we determine that lawsuit is the ideal path for you, we'd raise a court action in the courts (usually Sheriff Court, though Court of Session in Edinburgh may be suitable in certain conditions ), trying immediate repayment of the debt, along with interest on the debt and some other expenses caused. In some cases involving bigger debts, ancillary steps will be taken, like'freezing' money in the borrower's bank accounts or requesting the court to block the lien from selling their home or land until the debt has been repaid.
Allergic Interest on Debt
It can be challenging for companies to manage their cash flow and keep their business operating whenever they do not take sufficient steps to recoup debt because of them.
If your business is owed money, you must plan to recover that debt as soon as possible (speak to people ). If you pursue a method to recoup your debt, then you're eligible to seek interest on the sum to the extent that the payment is overdue.
Our Scottish debt recovery solicitors are specialists in this area and we will act on your behalf to make certain you get the MAXIMUM payment owed to you under Scots Law.
Concerning the law in this field of debt recovery, the UK Government has introduced legislation to provide businesses with a legal right to claim interest on late payment of commercial debt. The amount of interest that may be recovered is normally calculated at 8% over the base rate, starting 30 days after the debt is due. The due date for repayment in respect of goods or services is the later of the date of delivery of their goods or goods, or the date on which notice (like in the kind of a statement ) has been supplied to the purchaser of the amount of the debt.
The key point to notice is that when debt is a result of your business and the payment late, we'll constantly attempt to regain interest on that debt for you and we appreciate how significant the recovery of such amounts can be for your business.
Speak company website to our Debt Recovery Pros in Glasgow, Edinburgh, Debt Collection Privacy Rights Clearinghouse Inverness & Aberdeen, Scotland
According to Glasgow, Shawlands and also East Kilbride, we supply our transparent and practical legal services to individuals throughout Scotland including those from Airdrie, Edinburgh, Motherwell, Bellshill