Earlier this week a television series began on the BBC entitled, ‘See You in Court’. Through extraordinary and unprecedented access inside Britain’s biggest law firms,the series aims to chart the emotional and financial toll legal action (in this case Libel) can bring to both sides, Claimants and Defendants. The series follows 12 very different legal cases as they unfold over the course of 2 years.
Whilst this TV programme is solely based on various celebrities and thier experiences with the media, legal action, be it through the stress, heartache or cost, is a very real issue for a number of people in the UK today.
There will of course be some people who will always favour legal action as they want a clear cut answer, a decision passed down by an authoritarian figure to confirm whether they are right or wrong. To get to that stage, it is more than likely that a considerable sum of money will have to be spent and even if you are successful in obtaining a Judgement, 99% of the time, you will only recoup 65-70% of your own legal fees from the Defendant, which in some instances can be in excess of the claim itself!
Once Judgement is obtained, that doesn’t mean you will be paid either. Whilst the court will ultimately request the defeated party to make payment of the Judgement amount, plus the agreed costs, in a number of instances, you are required to issue enforcement proceedings to recover the money you are owed. That in itself can be a costly exercise depending on the route you choose.
We decided that things need to change. As a commercial credit management agency, we encounter a number of instances were legal action may be required to recover money or goods. In 2008 we designed a system that could potentially limit the use of legal action. Following a number of years of evolution, this service is today known as ‘RESOLVE’. This service is spearheaded by our company Director and Accredited Mediator, Roy Caligari and it has already assisted a number of clients not only recover their debt but also save the time & cost of protracted legal action. More information on this service can be found here - http://www.cbc-international.co.uk/debt-dispute-and-mediation/
In 2010 we came up with the idea to put together another service based on the principles of Mediation however, this was loosely based on the telephone service provided by HMCS for Small Claims matters in the UK. It is a cost effective alternative to full Mediation but can still provide top quality results for our clients. More information on this service can be found here – http://www.cbc-international.co.uk/resolve-telephone-mediation/
Additionally, If you would like discuss how our Debt Recovery/Debt Collection service can assist your business, please visit the ‘Debt Recovery/Debt Collection’ section on our website, contact us on +44 (0) 151 515 3014 or email us.