Debt Recovery

Money lent to a friend, unpaid rent, a deposit not returned — personal debts are often poorly documented and left too long, which makes them harder to recover than the amount would suggest.

Wise Counsel helps individuals recover money owed to them, assessing first whether recovery is realistic before any cost is incurred.

What we help with

• Reviewing what evidence of the debt exists — agreements, transfers, messages
• Advising realistically on whether the debt is recoverable and at what cost
• Checking the debtor's assets and ability to pay before proceeding
• Formal demand letters and negotiated repayment arrangements
• Advising on the limitation period before the right to claim expires
• Filing and conducting proceedings before the competent court
• Applying for measures to prevent the debtor disposing of assets
• Enforcement of the judgment through the enforcement authorities

We will tell you honestly if the cost of recovery would exceed what you are likely to get back. That advice is worth having before you start.