Frequently Asked Questions
We have put together a handful of typical questions and answers that we come across on a regular basis:
Marks Recoveries & Legal Services always ensure that debtors are made aware of their statutory obligations under the late payment legislation that covers business to business transactions.
Yes, as long as the debt is not statute barred (i.e. not more than 6 years old), we are more than happy to carry out a free review of historic debts and a fresh pair of eyes from the experienced team at Marks Recoveries & Legal Services can produce impressive results.
Don’t give up yet, there are shortcomings and pitfalls with the current court system but we can advise on the most effective enforcement methods.
An insolvent debtor does not necessarily mean that you have to write off a debt. If you have robust terms and conditions of business in place, our understanding and application of the insolvency process might enable you to get your stock or money back.
Yes, it definitely can. There is a common misconception that overseas debts cannot be recovered through the courts of England and Wales. This is certainly not the case and although we are no longer a member of the European Union, it is still the case that other union member countries recognise UK court based judgments and there are mechanisms in place that allow cross-border enforcement.