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DEBT RECOVERY LITIGATION

Taking legal action to reclaim a debt should be a last resort, and often the threat of doing so is enough to make your customers pay you. However, if your company’s usual ways of recovering debt have failed, there are things to consider before beginning the legal process.

The court often expects your company to make an effort to sort out your dispute with the other party before your company take legal action. This means that court action only takes place after your company have tried to reach an agreement with the customer.
 
b. Choosing a solicitor
- Finding a solicitor can be a challenge, and often a personal recommendation is a good way to choose. Before you make a decision, ask the following questions: 
  • Is there any firm specialising in debt recovery?
  • Does the firm have a mediator or dispute resolution service that you can consider as an alternative option?
  • How will you be charged - rate per hour plus expenses or a percentage of the sum recovered?
  • If they do business on a 'no win, no fee' basis, are there any hidden costs? Will you have to pay court costs? 
c. What we do
- Our recoveries team provides a one stop shop from ad-hoc initial advice through to judgments and enforcement. We undertake all methods of enforcement including charging orders and insolvency action. The team provides commercial advice at every stage of the litigation procedure.
 
d. Our fee
 
- We have a variety of reasonable fee packages for volume work and will discuss individual requirements. A one size fits all approach is not applied as each case is handled on its own merits. 
If you would like further information on how our firm can assist you in addressing intellectual property Debt recovery litigationissues, please contract us for email all@lhdfirm.com

LHD Law Firm

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+84907996249 

     

LHD LAW FIRM IN HO CHI MINH
Addr:  HP Tower, 60 (Floor 7) Nguyen Van Thu Street, Dakao Ward, District 1, HCM City, Viet Nam
Tel:
+842822416866 or +842822446739
Fax:  +848 39111538  Email: all@lhdfirm.com 

LHD LAW FIRM IN HA NOI
Addr: Anh Minh Tower, (Floor 4) 36 Hoang Cau Street, O Cho Dua Ward, Dong Da District, Ha Noi City, Viet Nam
Tel:  +842462604011 or +84911633168 
Fax: +848 04 3573 9287 Email: hanoi@lhdfirm.com

 

DEBT RECOVERY LITIGATION

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