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Dispute Resolution Allows Clients To Save Money and Preserve Trading Relationship.

The Challenge

Simple disputes relating to a debt can quickly escalate to bigger problems and damaged relationships. In a recent case, our client had a long standing dispute in respect of goods it had received from the other side.
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Case Study - Salary Overpayment Collected from Former Employee

Recovering overpayments to former employees can be an easy process that need not result in large legal costs.

To illustrate the options a company may have, let us consider a recent case.
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A Lesson In Debt Recovery For A Former Student

Debt recovery for the education sector is a varied and complicated issue, particularly for the higher education sector including universities and distance learning providers. Overdue payments can range from library or parking fines, to unpaid accommodation or even tuition fees. At a time when education system budgets are under severe pressure, it is of the utmost importance for any institution to stay on top of its cash flow and secure any late payments through a debt collector.

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Late Payers: Don’t Let Them Get Away With It!

Late payment for goods or services can be fatal for your business. That's because financial liquidity is the oxygen that any business needs to survive. However, there is something you can do… Just take a look at Jane's story:

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International Debt Recovery: Over £4,000 Collected From Chinese Debtor

Our client is a major company which deals in shares. They had a debt in China for just over £4,000 which they instructed Lovetts' overseas prelegal department to recover on a no collection, no fee basis.

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Debt Recovery: Company Recovers Over 41k In Late Payment Compensation

This case study shows how by using the Claim the Unclaimed service provided by Lovetts, which uses the Late Payment of Commercial Debts (Interest) Act 1998 to recover historic interest and compensation, one client was able to recover over £41,000 in interest and compensation on past late paid invoices over the last six years. 

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€474,768.06 Paid To Steel Company Upon Receipt Of Lovetts Letter Before Action!

The Challenge

Lovetts' client, a steel company based in Cheshire instructed Lovetts on 8th August to send a Letter before Action to a debtor who owed €474,768.06. The letter gave the debtor 7 days to make payment directly to our client and warned if payment was not received,legal proceedings may be taken.
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Payments Collected On 3 Year Old French Debt

Our Client, a corporate pension plan provider in the UK had a debt in France for just over £2,000.00 in which they instructed Lovetts overseas prelegal department to recover the debt on a no collection, no fee basis.

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Lovetts Client Receives Payments From Director Of An Insolvent Company

The Challenge

Our client, a lighting specialist had paid a company monies to hold stock on its behalf. The defendant, a Director of the Company, had signed a declaration confirming that the company was holding the stock paid for. The company then went into liquidation

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A Day In The Life Of An Enforcement Officer

Sarb Dhaliwal, Chartered Legal Executive at Lovetts spent a day with an Enforcement Officer at the beginning of September. Here is Sarb's interesting summary of the visit:
 
"Collecting Judgment debts does not just involve attending properties and demanding payments as I realised when I spent a day with an Enforcement Officer late last year who had been doing the job for over five years." 
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£2,000 In Late Payment Compensation In Addition To Full Recovery Of £27,000

This case study is a good example of how you can use the Late Payment legislation to claim interest, compensation and costs to cover your internal and external costs when pursuing unpaid invoices. It also highlights that the Late Payment legislation can be a strong negotiation tool to ensure full collection of all your unpaid invoices. In this particular case, an additional £2,000 in compensation was recovered on top of the debt of £27,000 for our client. This covered all their legal & internal costs of recovery. 

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Premier League Footballer Pays Over £60,000 After Summary Judgment

The Challenge

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