Client Newsletter – December 2024

Dear Client, As the festive season approaches we want to take a moment to extend a warm welcome to our new clients who have recently joined us. We are thrilled to have the opportunity to work with you and are committed to providing you with the highest level of service as we navigate your debt…

Understanding Asset & Tracing Reports for Debt Recovery

Asset and Tracing Reports are powerful tools in the debt recovery process. Whether used during the pre-legal stage to assess a debtor’s financial standing or post-judgment to determine the viability of enforcement, these reports provide crucial insights. At Legal Recoveries, our bespoke reports combine advanced research methods with manual assessment, offering unparalleled accuracy and value.…

Debt recovery

The Hidden Costs of Unrecovered Debts on Your Business

Unpaid debts are more than just numbers on a balance sheet—they are the silent killers of business growth and sustainability. While the immediate loss of revenue is evident, the hidden costs of unrecovered debts can ripple through every aspect of your organisation. In this article, we delve into these concealed impacts and highlight how proactive…

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The Complete Debt Recovery Solution | Legal Recoveries

In today’s complex debt recovery landscape, businesses often find themselves juggling between debt collection agencies and law firms to reclaim outstanding debts. This fragmented approach can be time-consuming, costly, and inefficient. Legal Recoveries offers a unique solution by handling the entire debt recovery process under one roof, ensuring a more streamlined, cost-effective, and professional approach…

Get to know our online portal: Debt Manager

When clients partner with us, we want to add as much value to the relationship as we can. That’s why we pride ourselves on the wide range of benefits we are able to offer – all of which are designed to make the process of debt recovery smooth, efficient and transparent from start to finish. …

debt management

How Legal Recoveries Can Help You Manage Your Debt

Debt Management: Need help? Have you been struggling with your debt management? Managing debt can be overwhelming, but Legal Recoveries, the debt recovery agency, is here to support you with professional debt management and recovery services. Whether you’re dealing with personal debt or unpaid invoices, our team can help create a clear plan to get…

healthcare debt recovery

Case Study | NHS Ambulance Trust

Sector: Healthcare Debt type: Former Employee Debt Debt amount: £777.96 Amount Paid : £1,000.65 (ongoing payment arrangement) Costs to Client: £68.00 plus court disbursements   Brief The Ambulance Trust instructed us to collect £777.96 from a former employee. At the time of leaving their employment, a balance under the salary sacrifice agreement was owed.  The…

tracing

What is Asset Tracing and Recovery

What is Asset Tracing and Recovery?   Asset tracing and recovery is a crucial process used to locate and reclaim assets that have been hidden, misappropriated, or unlawfully acquired. This procedure is often employed in various contexts, including fraud investigations, divorce settlements, and debt collection. Understanding the basics of asset tracing and recovery can be…

what is critical illness cover

Case Study | NHS Trust Commercial Debt

Sector: Healthcare Debt type Commercial Debt amount: £3,500.00 Amount Recovered: £4,637.91.00 Costs to Client: £557.02   Brief An NHS Trust instructed us to collect £3,500 from a commercial debtor who had failed to pay for a silver conference sponsorship package. At the point of our instruction by the Trust, no money had been repaid and…