Problem: £35,000 unpaid invoice for good and services not paid for over 2 years.
Outcome: Our debt recovery lawyers were able to successful obtain full payment for the client within 1 month (which was also personally guaranteed) and 100% of our client’s legal costs + interest.
How long did it take? Less than 2 months.
Our debt recovery lawyers were instructed by an international business that had a breach of contract dispute and unpaid invoice relating to goods and services which they tried to obtain payment for over 2 years without success.
Our expert debt recovery lawyers sent a detailed letter before claim and statutory demand in relation to the unpaid invoice – the debtor required some time to pay and the client was prepared to agree a short payment plan on the basis that it was recorded in a settlement agreement (which made the director of the company personally liable for the debt).
Within 1 month of instruction, the client was able to obtain full payment of the outstanding invoice and full payment of its legal fees. Our debt recovery lawyers were instructed on a fixed fee basis so the client had certainty as to legal fees throughout which were in any event recovered from the debtor – so the client did not have to pay anything to instruct our lawyers.
The client left our debt recovery lawyers with the following positive feedback:
“We hired Karim for a commercial dispute, with a UK based entity that breached our P.O. terms. The difficulty with the case was that we have paid a down payment without much leverage to recover it. The supplier misled us forever 2 years and finally decided not to pay our down payment. However, with the support of the lead lawyer and partner Mr. Karim Oualnan, we have been able to recover our funds from the supplier.
Mr. Karim & his team have shown a great deal of professionalism, knowledge of the complexity of the case. We could not have recovered our funds without the support engagement and guidance of this team. Throughout this process, they were available to us. And most importantly they put our interest at the centre of this case.
Our case is finalized. our funds recovered. I highly recommend Mr. Karim anytime.”
Our experienced debt recovery lawyers offer cost effective and reliable solutions for payment disputes, ensuring that resolutions where possible can be achieved without disruption to the business and clients. We understand that we are in uncertain economic times and payment disputes can affect your business cash flow and create uncertainty among staff and clients.
We provide a free initial case review to establish whether or not we can help you with your debt recovery dispute. In our consultation, we will provide you with a clear strategy to achieve the best outcome and give you a cost estimate (or fixed fee).
If you have a payment dispute, please let us know. Please do not hesitate to call us for a Free Consultation 0207 459 4037 or alternatively complete our booking form below to schedule a consultation today. We look forward to assisting you.
