Debt Recovery
There are several ways that Buchanan and Co Solicitors can help you collect debt from someone who owes you money. We can send a letter of claim to your debtor, which will set out the details of the debt and the amount owed. We will then follow up with telephone calls to chase payment, and if necessary, we can issue court proceedings.
If the debtor does not repay the debt, we can obtain a County Court Judgment (CCJ) against them. We can then enforce the CCJ by means of an attachment of earnings order, a third-party debt order, or a warrant of execution. If necessary, we can also transfer the case to the High Court.
The Best Way to Handle Your Outstanding Debts
Blog Introduction: If you’re like most people, you probably don’t enjoy having to chase after people who owe you money. It can be a huge hassle and take up a lot of your time and energy. Fortunately, there are steps you can take to make the process a little easier on yourself. Speaking with a solicitor is always a good idea when you’re trying to collect on a debt. They can help by sending letters of claim, making telephone calls, issuing court proceedings, and even enforcing judgments. Here’s a look at some of the ways a solicitor can help you get the money you’re owed.
Sending a Letter of Claim
The first step in many cases is to send a letter of claim to your debtor. This is often all it takes to get them to start paying what they owe you. If they don’t respond to the letter or make any attempt to pay the debt, then you can take further action.
Telephone Calls Chasing Payments
If your debtor doesn’t respond to your letter of claim, the next step is usually to make some telephone calls chasing payment. This can often be enough to get them to start paying what they owe. If they still don’t respond, then you can take further action.
Issuing Court Proceedings
If your debtor doesn’t respond to your telephone calls, the next step is usually to issue court proceedings. This will usually get their attention and prompt them to start paying what they owe. If they still don’t respond, then you can take further action.
Obtaining a County Court Judgment (CCJ)
If your debtor doesn’t respond to your court proceedings, the next step is usually to obtain a County Court Judgment (CCJ). This will usually get their attention and prompt them to start paying what they owe. If they still don’t respond, then you can take further action.
Enforcing the CCJ
If your debtor doesn’t respond to your CCJ, the next step is usually to enforce the CCJ. This will usually get their attention and prompt them to start paying what they owe. If they still don’t respond, then you can take further action.
There are many steps you can take if you’re owed money by someone else. Speaking with a solicitor is always a good idea as they can help with everything from sending letters of claim to issuing court proceedings. In most cases, taking these steps will be enough to get your debtor’s attention and prompt them to start paying what they owe. However, if they still don’t respond then you can take further action such as obtaining a CCJ or enforcing it.
