Debt recovery

Client:  Major UK unsecured lender.

Issue/Claim: 
Our clients wished to improve the status of their unsecured book by obtaining charging orders in the County Court in order to secure high volumes of debt.

Weightmans’ Investigation and Action:
We set up a bulk service at discounted rates with the Land Registry, which could be operated via electronic instructions. In the process we established that the percentage of home ownership on referred cases was significantly higher than our clients’ own data suggested.

We then implemented a highly processed workflow system to expedite litigation, and trained six members of our clients’ team to deliver an efficient, quality service.

Result:
In twelve months, 1200 charging orders were obtained, securing over £10 million of our clients’ debt.