Debt Off

When to Proceed with Legal Action vs. When to Write Off Debt

Managing outstanding debts is a critical aspect of financial health for both individuals and businesses. Deciding whether to pursue legal action or write off a debt requires careful consideration of various factors, including the debtor’s financial situation, the amount owed, and the potential costs involved in recovery. Legal Recoveries & Collections (LRC) offers an Online…

Court Fee Updates from April 2025 – What You Need to Know

Dear Client, The Ministry of Justice have recently published its response to a consultation on plans to increase selected Court and tribunal fees to reflect inflation. If approved, these fees will  increase from 1st April 2025 and we have listed some of the main changes below for you. Sealing a writ of control/possession/delivery (High Court)…

Are your customers paying late

Know Your Customer: Identifying Legal Entities to Prevent Unpaid Fees

In today’s rapidly evolving business landscape, ensuring financial stability requires more than just effective sales and service strategies. One crucial yet often overlooked aspect is the ability to identify and verify legal entities to mitigate the risk of unpaid fees. Implementing robust Know Your Customer (KYC) procedures can help businesses assess risks, maintain compliance, and…

Credit Control

Credit Control Services for Businesses

Credit control is one of the most crucial practices that businesses, both large and small, should prioritise to maintain smooth operations and healthy cash flow. Whether you are a service provider or a product-based company, having a robust credit control system in place is essential for protecting your financial interests. In this blog, we will…