What Is The Debt Recovery Process?

Debt recovery is the process of collecting overdue invoices and payments from customers . It is a crucial part of any business, as it helps to ensure that all outstanding debts are collected and that the creditor remains financially secure. The debt recovery process involves several steps, such as identifying delinquent customers, sending out notices…

LRC CELEBRATE 21 YEARS OF TRADING

Leading debt recovery and litigation specialists Legal Recoveries and Collections Ltd (LRC) who are based in Nottingham celebrate a significant milestone birthday of 21 years on 1st July. LRC was established in 2002 as the result of an MBO from one of the UK’s top international law firms. LRC are regulated by the SRA and…

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Client Newsletter December 2022

Welcome To our client newsletter and to all new clients that have recently come on board. Please read on for our Christmas opening hours, an update from the recent CSA conference and the cost of living crisis, along with a recap of a couple of our services. LRC Key Christmas dates 2022 Royal Mail First…

Client Newsletter October 2022

Welcome To our Autumn client newsletter, and to all new clients that have recently come on board. Don’t delay, instruct us today! With the current economic climate it would be wise to review your ledgers and send over any late payers to us sooner rather than later, the fresher debt the easier in theory it…

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20th Anniversary for LRC Ltd

20th Anniversary for LRC Ltd Legal Recoveries Collections Ltd was established in July 2002 following a management buyout from one of the UK’s top international law firms. It has been a rollercoaster of a journey. As mums with young families, we had not considered being business owners but when the opportunity presented itself we knew…

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Winding-up Petitions – The Cliff Edge Has Arrived

Throughout the pandemic, there was much talk about the future cliff edge that businesses faced. This was once supported by the Government stopped and the temporary restrictions on winding-up petitions came to an end. It appears the cliff edge has arrived with the ending of the restrictions on the 30th March 2022.  The Corporate Insolvency…