Are you tired of providing goods or services to your customers and instead of getting paid you’re getting excuse after excuse on why they can’t pay?
If your answer is yes, then Prosperity Law LLP can help you and your business!
At Prosperity Law, we understand how frustrating it is to hold up your end of an agreement and in return not receive payment from your customers. Our Debt Recovery Department offers a wide range of services to help recover your unpaid invoices.
The typical first action to recover your debt is to send a 7-day Letter Before Action for Limited Companies/LLPs or a 30-day Pre-Action Protocol letter to individuals to comply with the Pre-Action Protocol for Debt Claims (the Protocol) contained in the Civil Procedure Rules (CPR).
During the pre-legal stage, we aim to iron out any disputes your customers may raise and ensure that we fully understand your case and advise appropriately.
If during the pre-legal stage, your customers have not made payment, then the next stage may be to issue legal proceedings. Once a claim has been issued, the Defendant is given an opportunity to respond to the Claim and can either file a Full Admission, Part Admission or Defence if they intend to dispute the claim.
A Part Admission is where the Defendant only admits to owing part of the total Claim amount and a Full Admission is where the Defendant accepts liability for the total Claim amount.
Accepting a Part Admission or Full Admission results in the Defendant receiving a County Court Judgment (CCJ) and, if payment is not forthcoming, then you can choose to enforce the CCJ through the County Court Bailiffs or High Court Enforcement Officer to recover the debt. Our Debt Recovery Department has a long-standing relationship with a reputable High Court Enforcement Agency that provides our clients with exceptional service.
Once a Defence is filed the matter becomes a defended Claim, our Debt Recovery Department will guide you through each stage of the proceedings through to the hearing to determine whether the Defendant is ordered to pay you the outstanding Claim sum.
If the Judge agrees with your Claim, your Claim is successful and The Defendant will receive a CCJ, if payment is not forthcoming, then you are entitled to proceed with enforcement action.
If the Defendant does not respond to your Claim within the timeframe determined by the Court, then we can obtain a Default CCJ on your behalf and you are entitled to proceed with enforcement action.
Our Debt Recovery Department also offers other recovery services such as preparing Statutory Demands, Winding Up Petitions, Bankruptcy Petitions, Attachment of Earnings and obtaining Charging Orders against your customer’s property.
Please contact our Debt Recovery Department based at our Leeds office on 0113 246 7878 or at enquiries@prosperitylaw.com for further information and advice.
