What is a Claim?
Once your LBA or LPD has expired, we can start legal proceedings by issuing a Claim, claiming the debt, interest and compensation you want the debtor to pay, plus costs.
Why issue a Claim?
Issuing a Claim against a debtor is recommended because:
- It has impact
- It includes interest
- It includes legal costs
- It can include Compensation
- It can include other recovery costs such as commissions
- It requires a response - if there is no response judgment can be entered
- It can be used for almost any sum, small or large
- It is paid more often than not
- It can be enforced in several ways
- It forces a compulsory timetable on a debtor if he wishes to dispute your claim
Are there any alternatives?
Insolvency proceedings can be used for debts over £750, but as insolvency proceedings involve Official Receiver's deposits and other fees exceeding this sum, they are usually only recommended if the sum claimed is several thousand pounds AND there is no evidence of a dispute. For more details, click here.
How is a Claim issued?
For details click here.
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