It is an unfortunate reality of business that providing quality goods and services alone does not guarantee that you will get paid. Often the vital factor in recovering debts is the quality of the terms of the contract and not simply the quality of the goods or services themselves. Without appropriately drafted contractual terms and conditions, the recovery of debts can be a complicated, costly and uncommercial exercise. Many businesses focus on improving the efficiency and effectiveness of their operations to optimise productivity. However, far fewer businesses take a strategic and systematic approach to recovering debts. In the same way that business systems can be refined to achieve greater cost efficiencies, a strategic and systematic debt recovery process can reduce legal costs and increase the likelihood of success.Our knowledge and experience enables us to provide proactive debt recovery solutions to our clients in order to reduce the costs and uncertainty of the debt recovery process as well as increase their prospects of success.
Successfully recovering debts starts with planning to manage and recover debts before the debts have been incurred. It is common for businesses to be first introduced to debt recovery concepts once bad debts have already been incurred, often without the optimal contractual terms or no contract at all. We aim to identify our clients' rights and assess the merits of each case early in the process to achieve the best results for our clients in all circumstances. However, we are also committed to enhancing our client's rights and options for recovery in respect of future debts.
Our commercial and litigation lawyers work together to provide an end to end service and achieve synergies in commercial debt recovery. By adopting a front end approach to debt recovery, we are able to provide our clients with the advice, strategies and contractual documentation necessary to implement debt management systems which maximise their ability to recover debts before they commence any work or supply any goods.
Our commitment to effective and proactive debt recovery solutions enables our clients to concentrate on their core business activities while we focus on providing the systems to increase their prospects of getting paid.
We specialise in the recovery of debts in a broad range of areas including:
- preparation of letters of demand and statutory demand
- preparation of subcontractors charges and payment claims under the Building & Construction Industry Payments Act 2004
- delivery of notices to tenants and relevant notices under the Retail Shop Leases Act
- notices of default under the provisions of lease agreements and franchise agreements
- the commencement of proceedings in all Courts
