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We always recommend that you issue your debtor with a LBA, before proceeding directly to court action.
The LBA clearly details the amount of monies owed by the debtor and gives them formal warning that if payment isn’t received by the date shown, usually within 7 days, then court proceedings may commence. It also makes it clear that any proceedings issued will also include a claim for court fees and costs where applicable. LRC will also look to claim interest on your behalf so you may find that you actually recover more than the original debt.
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 Debt recovered after LBA |
We’re able to send your LBA within 24 hours of receiving your instruction PLUS we offer this service on a no win no fee basis.
Proven Results
Our experience has shown that even though you may have sent your own LBA’s with no results, the intervention of a third party and the threat of court action is taken more seriously. In fact 69% of debt is recovered at this stage. |