What We Do Best
The majority of an organisation’s or a business’s financial difficulties are due to cashflow problems. Sometimes, they are not selling enough but more often than not their problems stem from the fact that they are not being paid on time.
Many businesses give up chasing old debt as it starts to cost more than it is worth in terms of lost production time or they just think they won’t get paid. This is because they have tried their usual processes with no success or, in some cases, they cannot find the debtor and think there is nothing else they can do about it.
There is clearly no point in them sticking to an approach that isn’t working. This is where you need to change tactrather than throw in the towel and you need to do so rapidly when the company is in trouble.
In many cases, a financially struggling business can be turned around by collecting some or most of its book debt.
Else are the veteran experts at getting late and old debts paid. When we bring our reputation and formidable legal weight to bear, many people and companies pay their bill after just our first letter.
It is this speed in getting your late and old debts paid which can help you turn around your (or your client’s) business.
Why not give us your ledger or book debts? You might be surprised by how much of your “old and abandoned” debt we can collect for your business.
For more information speak to Laura Charles or Chris Else on 01283 526210 or on laura.charles@elselaw.co.uk or chris.else@elselaw.co.uk.
SRA Transparency Rules: Debt Recovery Process Pathways & Charges
What are the SRA Transparency Rules?
The SRA Transparency Rules set out the information that SRA authorised firms should make available to clients and potential clients and form part of the Better Information, more choice: Post consultation rules. The rules aim to ensure people have accurate and relevant information about a solicitor or firm when they are considering purchasing legal services and will help members of the public and small businesses make informed choices, improving competition in the legal market.
Debt Recovery Guide – Process & Costs
