International Debt Recovery
Recovering from domestic debtors is hard enough as it is but when there is an added element of a cross-border debt, things can quickly become very complex with issues such as identifying the debtor, to identifying their address for service and enforcing the judgement including issues such as the correct jurisdiction for resolving disputes.
Our specialist international debt recovery solicitors offer a simple, effective and swift solution to international debt recovery. Our team has acted for non-UK banks and lending institutions as well as other non-UK trading companies seeking to recover debt in the UK and abroad.
We have developed a comprehensive international debt recovery service that can deal with the cross-border collection of debt utilising the skills of experienced debt recovery lawyers to ensure the best possible outcome for our clients.
Our debt recovery solicitors will:
- Review the applicable credit agreement in place
- Advise in relation to the entity or identity of the debtor
- Trace the debtor
- Determine the applicable jurisdiction recovery and enforcement
- Establish the correct place and method service to ensure compliance with the civil procedure rules
- Discuss your objectives as well as the best and most effective method of recovery and enforcement.
In many cases the matter may often resolve following our initial letters & chasers without the need to consider further action but where required we will take a robust but measured approach to ensure that recovery. Our services will usually be offered at a low cost on a fixed fee basis our initial review and the information initially available to us but in certain circumstances we are able to offer our combined services on a no-win, no-fee basis. We simply earn a negotiated commission percentage on the full amount recovered.
In a global economic climate which remain stubbornly uncertain and difficult, Hallmark Solicitors provides the perfect solution for non-UK bank, financial institutions and trading companies to recover debt, which previously would have been written off, is a strategic way of securing profits. IDR is the strategic choice for the future.
With our Head Office based in Hull and two Consulting Offices in London and Leeds we are easily accessible for consultations. Call us on +44 (0)1482 616 616 or +44 (0)800 037 1305 to book a free telephone consultation to discuss your issues and requirements.
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