SOLICITORS ESTATE AGENTS NOTARIES
|
WOOD & MUIR 2 CHURCH STREET, EYEMOUTH, BERWICKSHIRE,. TD14 5DH TEL : 018907 50218 FAX : 018907 51283 EMAIL : info@woodandmuir.com
|
All rights reserved, © 2008
Wood and Muir can help you to recover money owed to you, whether you’re an individual or a business.
Whilst every case is different, simply involving a solicitor can often encourage the debtor to make prompt
payment to you. We will discuss how you would like us to progress your case, but a good opening step is
often to send a straightforward letter to the debtor requiring repayment within seven days.
If no answer is received we can guide you through the process of raising a court action for the recovery
of the debt and advise you on the likely costs and the chances of success.
If a court decree is obtained, we can then advise on the methods of securing payment which will have
become open to you and your likely chances of making a meaningful recovery.
If you are having difficulty in managing your debt, we offer a debt counselling service to help you
in reaching an affordable repayment agreement with your creditors. We offer a free first
interview at which we can assess whether or not you qualify for Legal Aid.
At the first interview, it is often helpful to bring along any letters and demands you have received
from creditors, as this allows us to establish the level of debt and gives us the contact details for
your creditors. We can then look at your income and monthly outgoings and determine a
realistic way forward, contacting creditors on your behalf.
In the event that agreement cannot be reached, we can then advise you on alternative strategies,
such as entering into a trust deed with your creditors.