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| Debt Recovery |
Eastleys has a wide experience
of debt recovery matters both for individuals and
corporate clients.
All companies can now claim interest on commercial
debts arising out of contracts entered into on or
after 7 August 2002 at the rate of 8% above base
rate pursuant to the Late Payment of Commercial
Debts (Interest) Act 1998. On large debts this can
represent a significant additional recovery.
We at Eastleys can bring proceedings on your behalf
and, if and when judgment has been obtained, can
advise of the best means of enforcement available
to clients.
We can also petition for the Winding Up of debtor
companies and the bankruptcy of individuals. |
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