Lovetts Solicitors

Categories: Legal Services, Solicitors, Lawyers and Legal Advisors Categories: Legal Services, Solicitors, Lawyers and Legal Advisors

Address: Bramley House The Guildway, Old Portsmouth Road, Artington, Guildford, Surrey, GU3 1LR

Landline: 01483 4... Landline: 01483 4...
Landline: 01483 4... Landline: 01483 4...
: 01483 457511

Website: www.lovetts.co.uk
Website: Visit Website
Message now

debt collection, debt recovery, international colletions, letter before action, no collection no fee, no win no fee, commercial litigation, insolvency, debt advice, dispute resolution, international debt collection, late payment, overpayment to former employee, overseas debt collection

Report a problem with this listing

Business Profile

Lovetts Debt Recovery.... Lovetts boosts companies with the ability to recover multiple UK and international debts. We achieve a remarkable success rate for your business through tenacity and knowledge of the law. Our system is designed to preserve customer goodwill where it is evident that the debtor is prepared to face up to their responsibilities.

We can assist you with.... A collection routine - currently achieving an 80%+ clear up rate ~ Letter and telephone collections ~ Senior managers to handle your work ~ Full litigation services, where required ~ Advice on contract terms.

Lovetts specialise in commercial debt recovery and dispute resolution. With over 20 years in the debt recovery industry we are trusted by our clients to recover their debts efficiently and cost-effectively.

Is your business owed a lot of money?
- We help you to recover the unpaid debts, quickly and cost-effectively!

Lovetts is professional, experienced and trustworthy. We have fixed pricing, no-collection no-fee, or guaranteed time estimates. All our work - and charges - are visible and clear to you through our website.

Pricing UK Letter Before Action: £1.50 plus VAT sent by email only or £5.00 plus VAT to send by post and email.
International Debt Collection: we collect debts on a no win - no fee basis with commission payable upon successful recovery

UK Business Debt Collection There are four main stages to the legal process of collecting a UK business debt. The first stage of the process is to send a letter before action. On average, 86% of cases result in payment at the letter before action stage. If payment is not received, you can continue by issuing legal proceedings, obtaining a County Court Judgment (CCJ) and commencing an enforcement action. Alternatively, insolvency action can be taken against a debtor.

International Debt Collection Doing business worldwide comes with a great number of advantages: more opportunity, new markets, and greater business growth. However, this development means you might also find yourself trying to recover money from a customer who is not only in a different time zone to you but also has different laws and customs to abide by.
Although in this situation you may worry you have to write the money off as irrecoverable, we can give you confidence in the knowledge that your debt recovery options don't diminish as soon as the debt crosses borders.

Dispute Resolution You need certainty on the cost! Over the years more and more clients have told us that what they really want when it comes to litigation services is clear and transparent pricing. So we've developed a range of advisory and dispute services, often with fixed fees so clients have the assurance of knowing right from the outset exactly what the cost is going to be.

Late Payment Law The Late Payment of Commercial Debts (Interest) Act 1998 has two purposes. Firstly, to compensate creditors for the late payment of debts. Secondly, to deter late payment. It only applies to the commercial supply of goods and services where you don't have a provision for interest in your Terms of Business.
In brief, for invoices that are not paid on time, it enables you to claim interest, compensation and (for orders placed after 16 March 2013) your reasonable costs of collecting the debt where these exceed the compensation. Interest can be claimed at 8% over base together with compensation at the rate of £40 - £100 per invoice.

Letter Before Action A Letter Before Action is a formal letter which sets out what is owed from a debtor to your business. It gives your customer a set time period - usually 7 days - in which to pay. Before issuing any legal proceedings a Letter Before Action must be sent or costs may be forfeited.
A Letter Before Action is an essential requirement of the debt recovery process. The LBA requests payment of the debt to your business, and warns of the imminent issue of a court claim together with additional interest and costs.