Making a claim or being involved in the dispute may seem intimidating at first, but with the help of competent solicitors, money claim process can be made simple. Here is a brief guide on money claims in the UK.
Considerations Before Taking Legal Action
When taking debt recovery to court, it can get costly in time, energy, and money. The other party can even dispute your claim. In this case, you will have to shell out more money to pursue the case.
Before you issue a money claim, it’s best to send them a letter before action expressing your concern. This should include the following:
- A summary of your concern
- Actions you expect them to take
- The amount of money you expect (including interest)
- A deadline for a reply
- The actions you plan to take should they fail to comply or reply
It should also contain your name, address, and the names of the persons that owe you money. You can also try civil mediation. If neither of these work, you can issue a claim.
You can also check out Lawlex Solicitors fees for their services in debt recovery.
Issuing a Claim
You can issue a claim online or on paper. For this step, it will help if you have documents such as a written agreement. Include it when you file a claim, especially if it helps your case.
Overdue debts usually have corresponding interest based on the amount and the time since the due date. Calculate and establish the associated interest.
Be prepared to pay court fees. These fees will depend on the amount you are claiming (including interest).
If your claim is a fixed amount less than £10,000 against two parties at most, then you can file a money claim online. The Northampton County Court will process this on the same day and send a hard copy to the defendant. They will also transfer the case to your local County Court for the hearing.
You can proceed to the Money Claim Online Service website to file a claim online.
The small claims court in the UK requires both parties to exchange evidence 14 days before the hearing. While small claims often consist of small cases, it’s crucial to gather evidence to secure your chance before the court. Without enough evidence, your claim may not be strong enough and may even get dismissed.
The evidence you need will depend on your specific case. This can range from a receipt, photographs, or a written document. You may also get an invoice or request a statement from a witness.
Pursuing a Case against Those That Owe You Money
Taking legal action against people who owe you money may seem drastic, but it is necessary at times. Be meticulous in taking the above steps, and seek help if needed.
If you are set on winning the case, consider hiring a solicitor. Contact us today for more legal services.