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Debt Recovery, Mid Wales

Debt Recovery in Newtown, Welshpool, Shrewsbury, Aberystwyth, Rhayader, Llanidloes, Machynlleth, montgomery, Mid Wales and powys

What do we mean?

Cash-flow – or lack of it - can make or break a business. Debtors may have a variety of reasons for delaying payment. The easiest optionsometimes is to ignore a difficult issue but this can have serious implications for a business. Milwyn Jenkins & Jenkins can help ease the stress of dealing with such a situation by being involved as early as possible. This will enable you to focus on what you do best. Contact us to begin the process of recovering payment.

Why outsource your debt recovery?

You can select which debts you want to outsource to Milwyn Jenkins & Jenkins. This enables you to distance yourself from the debt recovery process, at the same time, helping you to preserve your relationship with your customer or client.

We are experienced in dealing with difficult situations and, although we will always adopt a constructive and conciliatory approach to recovering your debt, if necessary we have the expertise to be able to take the matter to Court.

What outcomes can I expect?

We will initially take your instructions. Once we have a complete picture then we will be in a position then to assess your chances of success and proceed accordingly. The emphasis these days is on alternative dispute resolution in respect of disputes e.g. mediation, arbitration or other forms of negotiation. We deal with matters in a constructive and conciliatory manner. However, realistically, some disputes can only be resolved by going to Court. In such situations, your best interests will be Milwyn Jenkins & Jenkins' priority whether you are bringing a claim or having to defend one.

How long does it take?

Court proceedings are driven by timetables imposed by the Court designed to ensure that disputes are efficiently resolved as quickly as possible. Rather than going to Court, other forms of alternative dispute resolution can be arranged at fairly short notice as this is a more informal method of resolution - but one which has to be agreed by all parties. Contact us to discuss all of your options with Milwyn Jenkins & Jenkins.


WHAT WILL IT COST?

To prepare the initial letter before action and to prepare and to make an application to Court will cost approximately £200 to £400 plus VAT (£240 - £480). In our experience, this often proves to be sufficient. If not, Milwyn Jenkins & Jenkins will work out with you a commercial plan for taking the matter forward. Any claim you instruct us to issue on your behalf will include your full entitlement for costs and interest under the Court Rules. We can agree any further fixed rate, however, our work generally will be dealt with by way of an hourly rate as set out on the home page under "Fixed Costs". The Court fees which will need to be paid vary depending on the Value of the debt. All Court fees are available to consider on the following You Gov website page:-

https://www.gov.uk/make-court-claim-for-money/court-fees


WHO DO I CONTACT?

All of our lawyers are available to advise and asist you in this matter.

Make an enquiry

Ruth_120x160.jpg
Rachel Mole
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Sabrina Wiltshire-Fessey

Ruth Hendry

Chartered Legal Executive Probate Practitioner and Conveyancing Practitioner

William Ransford, BA (Hons)

Solicitor / Director and Notary
Public

"Good information, friendly atmosphere, quick and efficient"
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