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Overseas Collections
Overseas Debt Collections
The pursuit of Overseas Debts can be both expensive and slow due to the challenges that can arise when dealing with Cross-Border Jurisdiction.
What is Cross-Border Jurisdiction?
Each country has conflicting rules and methods of service and enforcement which can make the process of recovery more complicated.
Can Lane & Co still help me with an Overseas Debt?
Yes – in these circumstances we will send a Letter Before Action on your behalf which we will follow up with a telephone call to the Debtor. In many cases this approach has the desired outcome and debts are recovered.
What can Lane & Co do if the Letter Before Action is not successful?
If legal proceedings are required we will advise you on the options available to you based on the contractual documentation in place and any issues that relate to the jurisdiction where your Debtor is located.
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Research by Liberis in March 2018 showed that £14.9 billion was owed to businesses as a result of late payment of invoices, and it’s getting worse. In the six months prior, the figure was £1 billion lower. Our Commercial Debt Recovery Solicitors can help recover your late payments....
Latest Testimonial/Case Study
Case Study: Successful Alternative Debt Resolution
This case study demonstrates that mediation, an alternative debt resolution technique, can be a very effective method to settle debt related disputes without the need to go to Court. The settlement included damages and costs paid to our client....
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There Are Four Key Stages That We Follow In The Debt Collection Process
A Letter Before Action to the Debtor states the value of the debt and the time frame for payment. In most cases the debt is settled quickly and we do not take the matter further.
If the debt is still not paid or a reply has not been received we issue a County Court Claim.
If an Acknowledgment or Defence is not received within the Court time frame we will apply for a County Court Judgment (CCJ).
There are a number of different ways to enforce the Judgment once obtained.
What We Do Best
- Claiming Late Payment Charges
- Enforcement
- Disputed Claims
- Overseas Collections
- Alternative Dispute Resolution
- Terms & Conditions Consultation