When you have invested or otherwise provided money to another
entity, or when you have provided goods or services before payment
is received, there is always a chance that the entity (a debtor)
will be unable to pay you the money that you are owed. Often RCR
Lawyers are engaged by companies, individuals, and other entities
to recover debts that they are owed. There are several ways of
recovering debts and there are various options available to
solicitors. This is a guide for clients regarding the process of
recovering debts.
LETTERS OF ADVICE
The first step is to confirm all of the relevant details with
the client. This will often take the form of a face-to-face meeting
(generally referred to as an Initial Consultation), although this
can also occur by phone call, or the relevant information could be
provided by email, letter, or file transfer from another law firm.
In any event, confirming all of the relevant details of the matter
is one of the keys to success.
