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Business > Debts & Damages

When you enter into a commercial agreement, you expect to be paid.  However, payment of a debt is not always forthcoming.  There may be a genuine dispute about the goods or services provided or it might be a case of can’t or won’t pay.  If compensation is due, the amount of damages payable will need to be worked out.

Debts

The successful recovery of a debt can depend upon the legal procedure followed. In some cases, the threat of action to place the debtor into insolvency may be the right course to take. However, if there is the possibility of the claim for payment being disputed, a claim to the High Court, or the County Court, possibly then using procedures for summary judgment, will be necessary. Speed may be of key importance although the court will need to be persuaded that it is right to award payment of the sum claimed without a full trial. When judgment has been obtained, the threat of insolvency action can be pursued and other enforcement options will be open.

Damages

If a contract has been broken or other legal rights have been infringed, there may be a claim for damages or compensation. A claim will have to be brought to the High Court or County Court for the amount of the compensation to be assessed unless the parties can agree between them how much should be paid. The principles for the assessment of compensation can be complex and the parties may need advice from a technical expert as well as from their lawyers. To assist with this, evidence may need to be gathered and projections as to possible future losses carried out.

Our solicitors can help you with claims for debts and damages in the High Court or County Court.

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Lawbridge Grant Saw
Roxby House
20-22 Station Road
Sidcup
Kent DA15 7EJ. 

Email UsTel : 020 8308 3610
Fax : 020 8338 3070

 

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