Chasing debt and unpaid invoices is a frustrating experience, and it can ultimately hurt your cash flow, business profits and may lead to insolvent trading. We are able to assist you in the recovery of your debts and in doing so save you time. Whether you are a business or an individual, we are able to assist you in recovering your debts. We are in certain instances able to provide you with fixed fees in action for recovery of debt.
our letters of demand, tailored to your circumstances and thought goes into the process rather than taking a cookie cutter approach.
We will not hesitate to contact your debtor to create urgency and encourage fast action.
Where necessary, and throughout the recovery process, our debt recovery lawyers will work with you to negotiate with the debtor for payment and any disputes that may arise over the debt.
Based on the debtor’s response or lack of response, it may be suitable to commence court proceedings.
Part of our finesse is finalising the matter carefully and cost-effectively. Our unique way of encouraging a settlement with a debtor will generally better secure your position and, in many cases, recover your legal costs.
Provide details of your debt; and we will thereafter determine a suitable course of action for the recovery of your debt keeping in mind your commercial reputation for business debts or other relevant considerations where the debt is a personal debt or loan.
We will discuss your options, and determine with you the best course of action, considering issues such as time, costs and commerciality of any proceedings required.
Once we have advised as to available options, and it is determined that the debt is to be pursued, the first step will be to make a formal demand for payment. Where the demand is ignored or a acceptable offer is not made by the debtor, proceedings are commenced in the most appropriate jurisdiction.
It is a founding principle of this firm that prevention is better than cure. In this vein, in order to protect your business or assets or any form of loan, we can assist you by providing you with properly and competently drafted contracts, terms of trade, and agreements.
This will among other things, ensure that, where debts are not repaid a recovery of the debt is supported by proper supporting evidence by way of agreements, contracts, or terms of trade.
If you already have contracts or terms of trade in place, it is prudent to have these reviewed to ensure that they are up to date and enforceable. We can assist you by reviewing your currently existing contracts or terms of trade. We can thereafter provide advice and if required assist with revising or drafting your terms of trade, contracts, or other agreements.
Where proceedings have commenced, and either by default, summary, or a final hearing a judgement is obtained, the next step is to enforce that judgment. Enforcement options of a judgment include:
The enforcement option will depend on the particular circumstances of the judgment debtor. We can advise and assist you with enforcement of a judgment.
Lawyers will charge you legal fees, whereas a debt collection agency will take a percentage of what is collected. Lawyers are not allowed to charge a percentage, but in charging our fees we will not only attempt to negotiate payment of the debt, but where required can commence court proceedings to recover the debt. Debt collection agencies, have no legal power to force payment and ultimately where, the debtor refuses, the agency must return to the client and advise that lawyers are required to proceed further.
Another major aspect of debt collection agencies that is in contrast to a law firm is that, the agent making the call to the debtor is unlikely to be legal trained and therefore rely on continues calling to achieve an outcome, similar to a call centre. As lawyers we have much more effective, and tailored strategy in recovering money for our clients whilst ensuring our client’s commercial reputation.
It is our experience that having proper documentation, agreements or terms of trade in place; followed by proper use of the Legal process, with each stage carefully considered, will almost always a desirable outcome.
One of the primary benefits of hiring Appius Lawyers is that you’ll receive personalised service.
Appius Lawyers is much smaller than the mega-firm, but we offer clients expertise and creative solutions at a cost that many larger firms simply can’t match.
One of the top benefits of working with Appius Lawyers is having more flexibility when it comes to billing structure.
The great thing about working with Appius Lawyers is that we focus and take the time to learn your industry, to understand your business and what we can do to help it move forward.
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