The involvement of a solicitor and a letter reminding your debtor of what is owed is often enough to end the matter amicably.
However, if your debtor cannot pay or will not pay, we will advise on enforcement options, which include:
- Initial advice
- Solicitor’s letter
- Letter before Action
- County Court claims
- Advice if you decide to negotiate
In most cases, the debt recovery process begins with a letter advising the individual or company that if they do not settle their debt you will be forced to take action to recover what is owed to you. If payment is not made, the debtor’s response will determine whether further action is required and what form this should take.
Abbey Solicitors have an experienced team who hold a proven track record in debt recovery and can advise you on the best course of action to take to recover your money as efficiently as possible.
Have you found yourself stuck in a cycle of debt that you are unable to pay off? Are you being hassled by debt collectors?
Many people end up in debt management for years. Though few realise a big proportion of their payments are in fact being used to pay fees charged by debt management companies. Unfortunately, Debt management plans often fail to reduce the debts owed.
Often creditors continue to charge interest, meaning your debts can continue to increase, even when you think you are making payments to reduce them. Many clients are steered towards charities or free debt management providers by their creditors, not knowing that these providers are supported and maintained financially by creditors.
After being in debt management plans for many years, clients often get a shock when they discover that their debts have not been reduced substantially or even at all during the course of their debt management plan.
Our Fee Structure
Abbey Solicitors are renowned for their wealth of knowledge in this area. We have helped hundreds of clients and challenged thousands of debts. Our solicitors understand the tactics used by creditors and debt buyers/collectors and unlike debt management companies, we will challenge a creditor to legally demonstrate that the debt they claim is actually payable, something which to date, those in the ‘’debt solutions’’ industry have failed to do.
Whilst there is no guarantee of success with the challenge process, the vast majority of the clients we work with have achieved very positive results. At the very least they know where they stand in terms of what they owe or do not owe, to allow them to decide how to move forward in resolving their debt problems.
Abbey Solicitors understand that those in debt often have limited funds available. Therefore, we have set up a game-changing fee structure to make our services accessible to all and ensure that clients do not fall further into debt.
At the end of the review if you have any debts left, Abbey Solicitors can assist you in seeking debt advice but at that stage, any debt you do have to repay may be significantly less than it is now.
We’re here to help you
Abbey Solicitors are in the unique position of being able to offer specialist Debt Recovery services and we have developed a tailor-made scheme to challenge these creditors to prove that the debts they collect on are in fact payable.
Many clients pay their debts simply because they are told by their creditors and those offering debt solutions that they have to. Nobody challenges the debt. Nobody is ensuring that the lenders and debt buyers are playing by the rules – this is where we can help you!
We are finding many creditors are unable to prove the debt, the amount claimed or that the debt is enforceable.
By challenging your creditors, you take back control of your debts. Those creditors who cannot prove the debts will be unable to make you pay. In our opinion, a debt review should be undertaken before any other debt solution. It is very possible you are paying debts you simply do not have to pay and it is high time you acted on this.
We have helped hundreds of clients and challenged thousands of debts. We have detailed knowledge of the tactics used by creditors and debt buyers/collectors and unlike debt management companies, we will not resort to asking permission to enter a plan. Instead, we will challenge a creditor to legally demonstrate that the debt they claim is actually payable.
Whilst there is no guarantee of success with the challenge process, the vast majority of clients have achieved very positive results and all clients at least know where they stand in terms of what they owe or do not owe, to allow them to decide how to move forward in resolving their debt problems.
Why choose us
There is nothing worse than being chased and harassed by debt collectors constantly, making your life a misery until you “give in” and start paying. We are here to deal with these nuisances, working out whether or not you actually have to pay anything.