Top Tips for recovering debts and minimising legal costs

In these difficult financial times it is more important than ever to maintain your cash flow and ensure that bills are paid promptly.

People are tending to put off paying their bills for as long as possible which can have a detrimental effect on businesses however at Ascot Lawyers our specialist debt lawyers can help you to force the debtor to pay up.

1. Ascot Lawyers is renowned for its common sense approach to recovering money owed to businesses and individuals and if you follow the top tips below we can minimise the legal costs incurred in this procedure.
2. Before contacting lawyers send a final demand letter setting out clearly the sum due – we can help you with this if you prefer;
3. Ensure that there are no outstanding queries regarding the invoice or the services rendered;
4. Keep a paper trail – it is essential to be able to show what has been said between the parties and we will need to see all documents you have to ensure that we can advise you fully;
5. Make sure you know who owes you the money – it is essential to pursue the correct individual or business as if the wrong party is sued then this can lead to additional costs being incurred.

If you would like to discuss a debt recovery issue with Ascot Lawyers please contact Simon Duncan on 01344 852 848 or email simond@ascotlawyers.co.uk.