There are a number of enforcement remedies available to our client to ensure the ultimate receipt of an outstanding debt... Office hours: Monday - Friday 9.00am - 5.00pm, The Dublin Solicitors Bar Associationa Final. Our experts have the means to make your debtor pay. As a general rule, the party that must recover a sum of money, as specified within the provisions of a contract, will need to contact the other party by letter, phone or e-mail. Obviously, over extending credit to customers puts the money in their bank not yours. Collecting a debt in Ireland can seem impossible. The debt recovery process consists of 4 steps; Pre-Legal Action (Demand Letter), Issuing Proceedings, Judgment and Enforcement – all of which are covered by the debt recovery services we offer. Month ends seem to come around faster. Croskerrys is a firm of solicitors located in financial district of Dublin, Ireland. Straightforward Advice. In fact, we have spent all of our professional working lives as credit professionals. The firm was established in the 19th Century and was for many years a small traditional solicitors practice. When a debt is owed to you and you are finding it difficult to recover the debt from your debtor, then it may be necessary to start your journey on the debt recovery process with the help of a solicitor. Debt recovery is simpler when you use a collection agency fluent in the laws and customs of the country where the debtor resides. Month ends seem to come around faster. This website uses cookies to improve your experience. 4. Credit Management and Debt Recovery Solutions in Dublin & Across Ireland. We know the legal system and how the Irish courts system can be made to work for you. Language and cultural barriers, foreign laws and customs, and sheer distance all impose serious challenges. What happens when a customer big or small lets you down by not paying their account? Using a debt recovery agency. Below you will find an explanation of each stage of the process and how we can help you recover your debts. Time-consuming, frustrating and stressful, securing Cedar Financial offers on-the-ground representatives in Ireland … Restarting your business after lockdown requires all hands on deck. This plan will probably be the most important action your business has ever undertaken. They may charge a fixed fee or take an amount of the money they recover on your behalf. Our standard commission rate for collecting debts in Ireland is 20% of the gross value recovered, although lower rates are available for high … Post Judgment Options 4. 10 ways to improve Cash Collection and Credit Control in your business. Debt Recovery Solicitors Dublin Contact Us. The debt recovery services in Ireland is relatively straight forward and with Carlisle Solicitors on your side you benefit from our 30 years of experience of the debt recovery process. Such is our reputation overseas that we find an increasing demand for our debt … Managing a debtor book requires care, dedication and commitment not to mention vigilance. When a debt is owed to you and your are finding it difficult to recover the debt from your debtor, then it may be necessary to start your journey on the debt recovery process. The firm specialises in debt collection and debt recovery. Because we have been in your shoes. Sat at a similar desk and faced the same pressures and deadlines, we know it can be difficult to concentrate time and energy into credit management. 3. No-win, no-fee commercial debt recovery in Ireland. Carlisle Solicitors ensure that our debt recovery services are readily available to you in every stage of the debt recovery process. Your credit management team will play a vital role in the success of the plan.... Do you track your overall debtor numbers based on DSO (Days Sales Outstanding) or Ledger Ratios (% in various stages of ageing relative to the total balance) or just simply % of total debtors which is overdue. Browse through your debt recovery options below and, of course, feel free to call us on +353 (0) 1 653 3370 or email law@carlislesolicitors.ie and we will do our very best to ensure that you get paid faster! Our team have been involved in credit management and debt recovery for over 30 years. Introduction to debt recovery in Ireland 2. Tasks that are urgent but not the most important can in a lot of cases distract you from the primary responsibility of a credit manager. The debt recovery process consists of 4 steps; Pre-Legal Action (Demand Letter), Issuing Proceedings, Judgement and Enforcement. Carlisle Solicitors ensure that our debt recovery services are … Some companies specialise in debt recovery and will employ a solicitor to take legal action to recover your debt. Sterling are able to collect Irish debts on a commission only basis with no up-front fees.