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The Solicitor's Role in Debt Recovery Claims by zachary shepherd





Article Author Biography
The Solicitor's Role in Debt Recovery Claims by
Article Posted: 04/28/2012
Article Views: 60
Articles Written: 20
Word Count: 434
Article Votes: 0
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The Solicitor's Role in Debt Recovery Claims


 
Law
Taking legal action to claim payment of a debt should always be a last resort. More often the threat of suing is enough to make your customers pay up. If your previous attempts to collect debt have failed, you need to gather every admissible evidence before you file a case against the debtor.

The court expects you to exert effort to settle your dispute with the third party before taking legal action. A legal action is possible if all possible means to collect have proved futile, and no amicable agreement or settlement was reached. You have to evaluate if legal action is the best course because it can worsen or sever your relations with the party. From a business perspective, it may be better to absorb a small loss and retain a large client than risk offending him and losing him in the end.

Even if taking legal action seems the only way to go, you should evaluate your chances of winning. If your claim is disputed, you may find it difficult to prove that the customer is at fault. You need to present as much hard evidence as possible to confirm your claim. You may need to present receipts, purchase orders, and copy of reminder letters and other payment requests you have sent but where ignored. Efficient record keeping for any business comes into play here.

Once you’ve covered these considerations, the next step is to prepare the claim, present the case and handle the enforcement with a solicitor. Some people choose to hire solicitors Matlock clients trust in claiming a small debt. The solicitors can give you good advice on legal matters and put you on the safe side. Remember, if you plan to file a case to recover debt, legal aid is not usually provided for small claims cases, and legal costs cannot be recovered.

Choosing a Solicitor

Finding the right solicitor can be a daunting task, and often recommendations or referrals from people who have been in your situation are the best choices. Before you hire a solicitor, make a thorough research on his law firm and his affiliations. You should know if the firm has a group that specializes in debt recovery. Study about other options they can provide to gain settlement, like dispute resolution services or mediators and check if these are applicable to you. Finally, ask them how you will be charged. Solicitors in Matlock charge professional fees by the hour or get a percentage of the sum collected.

Looking for legal counsel? You can find a list of solicitors in Matlock at.yell.com/s/solicitors-matlock.html.

Related Articles - solicitors in Matlock, solicitors Matlock,

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