Chase Debt Can Help
Preliminary Steps
Upon instruction, we carry out preliminary checks that may include a Property Search at LR and if needed a search with Companies House.
An Asset Trace can be carried out which includes, a LR Search, a County Court Judgment check and an Employment Trace. These checks will provide information on the debtor that will assist in the recovery of the debt. It is often the case that you will not know where to find the debtor. In this situation we have tracing facilities to ascertain the whereabouts of the Debtor.
Individuals
If the Debtor is found and is an individual upon instruction, we will issue a Letter of Claim to the debtor requesting payment as part of the pre-action protocol for debt claims. It is important we comply with this protocol as when recovery proceeds to litigation, the court will consider whether you have complied. This letter outlines the details of the debt and requests payment within 30 days. This letter contains attachments providing evidence of the debt, payment details and a reply form. The debtor will have 30 days to respond to this letter using the reply form.
If the debtor does not respond to the letter, we will then review your case and assist you in issuing a County Court Claim through our solicitors against the debtor for the outstanding amount.
Companies
Where a debtor is a company, a Demand Letter is sent by first class post and recorded delivery, to ensure it is received by the debtor. This letter outlines the details of the debt and requests payment within 7 days.
If the debtor does not respond to the letter, we will then review your case and look into issuing a County Court
Claim through our solicitors against the debtor company for the outstanding amount.
