<img alt="" src="https://secure.leadforensics.com/141114.png" style="display:none;">

Lovetts Solicitors Named UK Debt Recovery Law Firm of the Year

Lawyer Monthly, a corporate law based publication which boasts a broad global readership, has announced Lovetts Solicitors as the UK Debt Recovery Law Firm of the Year. This prestigious award is presented to a firm that has provided an outstanding service to their clients in the previous twelve months, not only through expertise and response to changing demand, but also with a dedication to innovate the sector they are in.

Read More

Unpaid Debts - How to Issue a Legal Claim Through the Court

When customers do not pay your invoices, it can be difficult to know how to proceed. If your pre-action correspondence has not resulted in payment, it is usually worth taking legal action to ensure your company is paid. Let's take a look at how legal debt recovery works. 

Read More

How Does the Recent UK Interest Rate Rise Impact Late Payment Law?

On 2nd November 2017, the Bank of England increased the base rate of interest from 0.25% to 0.5%. This is the first time that interest rates have been increased in more than a decade.

Read More

Help! I’ve Just Overpaid An Employee!

Many of us have enjoyed the classic board game Monopoly, and we’ve most likely received the “Bank error in your favour, collect £200” card.

In real life though, it doesn’t quite work like that.

Overpayments can and do happen, but the recipient isn’t legally entitled to pocket the money, unlike the player in a game of Monopoly!

Read More

The New Pre-Action Protocol For Debt Claims - What Is It? And How Will It Affect My Business?

As many of you will no doubt already be aware, the Ministry of Justice has released a new Pre-Action Protocol for Debt Claims that comes into effect on October 1st, 2017.

Read More

Offering Credit & Managing Risk - A Balancing Act

There comes a time in the life of all businesses where they have to look at the possibility of developing a credit policy, and ask themselves if they are going to offer credit to other businesses.

Read More

Meet Karen Johnson, your new Legal Department Manager

We are pleased to announce the appointment of Karen Johnson as the new Legal Department Manager here at Lovetts. With a career within the debt recovery industry dating back nearly two decades, Lovetts are excited for her to share her expertise in both commercial debt recovery and operational management.

Read More

6 Considerations You Should Make When Filing a Debt Claim

You get to the end of your credit control procedure and you still have some unpaid accounts, so, what are the options?

Read More

The Debt Recovery Problems Faced By Recruitment Agencies

Recruitment agencies can suffer from the actions of those clients who try to avoid paying their invoices on-time or at all. Here are four factors you may experience. 

Read More

Why Draft-Winding Up Petitions Work So Well

Usually when a company owes a debt, their creditor can file court proceedings against them in the hope that they will pay – and use a method of enforcement to recover the money if not. However some circumstances, such as a debtor refusing to engage, make this method of debt recovery an unsuitable option. This is where strong action is needed: A Draft Winding Up Petition (WUP)

Read More