Letter before action and mediation
When we deal with a debtor we will send them a letter before action.
It is our aim to enable parties to settle the matter between them, without the need to start court proceedings. We will research and obtain relevant information to resolve the matter to our client’s satisfaction.
So how does writing a letter make a difference?
Our letter before action is an official and formal legal demand and notification. It is your way of communicating to the debtor that you take outstanding debt seriously and that you intend to recover the monies owed.
The letter before action outlines the outstanding invoice amount as well as the interest, costs and late payment compensation payable (where applicable). The debtor has seven days from the date of the letter to make payment in full or propose a payment plan.
Our experience shows that when your intentions to recover the debt owed are clearly highlighted through our letter before action, then payment follows promptly.
We will deal with all your needs from the first letter right through to enforcement, if this becomes necessary.
Court action should be the last resort. Mediation can be a flexible, speedy and cost effective way to resolve disputes and we offer a confidential process that enables both parties to explain and then discuss their needs and concerns so that an agreement can be reached.
Once an agreement has been reached we will produce a settlement agreement documenting each party’s wishes. This is a legally binding agreement that can be enforced should it be breached by either party.