Problem: A couple invested over £100,000 into a property purchase and development which was sourced by another company. However, the transaction was aborted, and the couple never received their investment monies for almost 1 year.
Outcome: Our lawyers were instructed to pursue bankruptcy proceedings against the director, who personally guaranteed the investment and made promises to pay. We were able to recover the full £100,000 invested plus £14,000 of interest and 100% of our clients’ legal costs.
How long did it take? Less than 3 weeks from instruction.
Our expert debt recovery and insolvency lawyers were instructed by a couple in London who had invested over £100,000 into an investment into a property scheme that failed and did not go through.
The payment was made to a company that was in the business of sourcing property deals and working with investors to add value to those properties. However, the transaction did not go through and despite almost 1 year of chasing for payment, our clients did not receive their money back.
The investment was personally guaranteed by a director of the company, but despite several promises to return the money it was never forthcoming, and deadlines would pass without payment.
Our lawyers were instructed and developed a strategy at the very outset to recover the sums due. Within 3 weeks of instruction, our lawyers were able to recover the full amount due plus 100% interest and costs.
Our clients were very happy with the result, and allows them to draw a line under this dispute.
If you are frustrated with a non-payer or outstanding payment, please do not hesitate to contact us for a Free Consultation today so that we can discuss how we can help you recover the amounts due quickly.
You can call us for a Free Consultation 0207 459 4037 or alternatively complete our booking form below to schedule a consultation today.
