Debt recovery actions arise from a breach of contract. For businesses identifying a contract and any subsequent breach may be very simple as typically contracts and terms of business exist. However, it may prove more difficult for an individual to identify when a contract has been formed.
What most people fail to recognise, is that contracts are formed all around us daily and are not quite as daunting as one might think. Simply purchasing a bus ticket will be enough to create a binding contract. In this scenario you have contracted to buy the service of transportation. Of course, a breach of this contract might not warrant legal action.
But what if a considerable sum is now owed to you? Things are likely to be a little bit different.
Debt recovery actions may arise from a limitless number of situations, whether that be for:
- Non-payment for goods and services;
- Failure to complete works already paid for; or
- Failure to repay loans; Etc.
The reasons as to why a debt recovery action may arise are infinite. Should you believe you are owed money under a contract that you wish to recover, you should contact a member of the Litigation Team here at Mewies Solicitors.
Our team will advise you whether you might have a potential claim and your likely chances of success to recover any money owed to you.
If you receive a demand for money owed by you then our team can help you defend a matter or trying to settle the debt.
For more information contact Darnell Alexander-Connell on 01756 799000 or alternatively email at d.alexander-connell@mewiessolicitors.co.uk