When you use us for the first time, you will notice that we can handle every aspect of your case with absolute ease and efficiency. We will provide you with a tailored service, developed by decades of success on behalf of a diverse range of clients. Job title Credit Controller/Finance Clerk/Ledger Controller/Accounts Assistant CFO/Finance Manager/Accounts Senior CEO/General Manager/BDM/Owner Other This is required. Nature of debt UK business debt International business debt UK and International business debts Disputed debt This is required.
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About
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As a specialist debt recovery and dispute resolution firm for more than 25 years, we have built up considerable expertise in what we do. We get results for our clients due to our exceptional experience. We advise credit managers on the best strategy for their cases and ensure that costs are kept to a minimum.
UK Debt Recovery
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Lovetts Solicitors provides a dedicated fixed fee service across all four main stages of the UK debt recovery process, including Letter Before Action (LBA), Issuing Court Claims, obtaining a County Court Judgment (CCJ), Enforcement of a CCJ, and additionally if necessary Insolvency Proceedings. Our research shows that on average, 86% of cases result in payment at the letter before action stage, with no further action being required. You can learn more about the subsequent steps in the process that follow the sending of a Letter Before Action below.
Letter Before Action
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86% of debts are paid upon receipt of a Lovetts letter, with no further action being required. A Letter Before Action (LBA) is a formal letter that requests the payment of a debt to your business and warns of the imminent issue of a court claim. An LBA sets out what is owed to your business from a debtor and provides a set time period - usually 7 days - in which to pay.
Pre-Action Protocol
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If your company is claiming payment of a debt(s) from an individual or sole trader, the protocol will apply to your business and you need to be aware of the changes. The changes revolve around increasing the amount of information shared between parties, to a sufficient enough level that the parties can understand each other's position and come to an agreement without court involvement.
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