Mackarness & Lunt
Dispute Resolution – Debt Recovery
Do you know what will happen to your property if you haven’t made a Will? Wouldn’t you prefer to decide for yourself?
We understand that, for many companies or individuals, debts owed can have a huge impact on finances, and swift and decisive action is often required. We understand this can be particularly important in a difficult financial climate.
Often debtors have made numerous empty promises to pay before a client decides to contact us for help.
In debt recovery issues we often find that debtors will pay much greater attention to a solicitor’s letter than chasing by the creditor.
We understand that, for many companies or individuals, debts owed can have a huge impact on finances, and swift and decisive action is often required. We understand this can be particularly important in a difficult financial climate.
The “Letter before Action” threatening court proceedings often has the desired effect. However if we do not receive payment we can discuss the pros and cons of serving a statutory demand or issuing proceedings against the debtor in either the small claims court (claims under £10,000 in value), the fast track (claims between £10,000 and £25,000) or multi track for matters of greater financial value, and, if Judgment is obtained, the most appropriate enforcement action for the particular case which may include one or more of the following:
- High Court Writ of Control
- Orders for Sale
- County Court Warrant of Control
- Attachment of Earnings Order
- Third Party Debt Order
- Bankruptcy
- Charging Order
- Company Liquidation