Join a community, not a client list.
Boutique London Lawyer
Get in touch today
Call us on 07855 849232 or
email david.gordon@dg-law.co.uk
High Value Debt
The Impact Of Debt
Debtors can have a destructive impact on the running and success of a business. Many businesses collapse because of an inability to recover debt. Businesses should put a debt recovery plan into action to help reduce the risk of bankrupcy. Unfortunately, some debts are irecoverable.
Debt Recovery Action Plan
There’s an Asset Recovery Action Plan drafted by the government, to help with the collapse of businesses, resulting from irecoverable debt. This is a plan to help businesses recover losses. But a lawyer can help businesses and individuals with an action plan. Lawyers can create a range of strategies to help clients achieve a successful outcome. The outcome can include assisting the debtor with a payment plan.
High Value Debt Recovery
If you need a client to pay a high value debt, it would be prudent to firstly have a lawyer write a letter. You and your lawyer can create a strategy that includes writing a letter before taking legal action via the courts. You can also get your lawyer to negotiate with your client and try to settle the case off court. If this doesn’t work, then the lawyer would begin litigation procedings.
Who Are The Debtors
When it comes to high value debt recovery, debtors can be other businesses and individuals, including high profile entities. High market businesses attract high end business owners and individuals. Often non-payment is due to disatisfaction with services or negligence. When the problem is a lack of funds, lawyers can help draft a plan to help with the debt recovery. Disatisfaciton with services or “forgetting to pay the bill” is what sometimes leads to litigation.
We can help you settle a case without a formal legal action. But if comes to it, we’re highly qualified to help you with high value debt recovery through the courts. Please give us a call for a no commitment initial consultation. SG
Make An Enquiry
Call us now on 07855 849232 or complete our Online Enquiry and we will be delighted to talk with you about your legal matter.
Share Article With:
Make An Enquiry
Blog Categories
Client Reviews
DG Law were fantastic throughout our purchase process. We had a short, fixed, timeline to
DG Law supported us through a very difficult contractual negotiation to achieve exactly the outcome
We were very pleased with the way that DG Law helped us on our transaction
DG Law resolved a difficult lease renewal for us and their services were excellent –
I needed understanding and experienced legal advice. DG Law provided an excellent service at a
My experience was second to none – the service was professional and personal. DG Law
DG Law always step up to the plate on our transactions and handle the various
DG Law was recommended to me and my partner and I received excellent advice –
Having worked with DG Law a number/couple of times now, I have been really impressed
DG Law were constantly at hand, and kept pro-active throughout the thorny process of getting
DG Law came recommended to me and whilst setting up a new business it was
We were recommended three lawyers to handle the sale of our seven year old successful
Why Choose Us?
We live by our core values of transparency, flexibility and being honourable – every day
We put ourselves in your shoes so we understand your problems from the inside out
We deliver our advice in a way that is easy to understand