Legal Services
Debt collection litigation is a specialist field. Our talented in-house legal team can manage all aspects of the legal enforcement of debt recovery either separately or as part of our total debt collection service. And all much more cost-effectively than using a law firm or private solicitor.
Legal Only Service
This service means our legal specialists only prepare and service the documentation leaving you in control of the underlying debt collections activity.
Legal Action
Unfortunately instances can arise where legal action needs to be issued for payment from your debtor to be achieved. Litigation is a complex process and is best facilitated by specialists. Baycorp has a nationwide network of law firms with which it has longstanding relationships. These relationships enable Baycorp to offer a cost effective option for our clients.
Baycorp can facilitate legal action being undertaken in conjunction with these external law firms.
In our experience, we have seen legal action result in successful recovery if the following criteria are met:
- There is an expectation that your defaulting customer can pay.
- The individual's whereabouts is known.
We have seen that the act of taking legal action demonstrates to the defaulting customer the seriousness of the situation and can often encourage immediate settlement of an outstanding account.