Business & Commerce: Litigation to Obtain Monies Owing and Overdue

Question: What should I do if someone owes me money?

Answer:   Initially,  it is advisable to attempt direct negotiation to resolve the matter amicably.  If that does not succeed,  engaging Freed Legal Services LLP may be an effective next step as they can provide assistance in drafting formal letters and outlining potential legal actions.  Their approach helps ensure that your financial rights are protected while also fostering a clear communication channel with the debtor.

Outstanding Debts, Overdue Loans, Unpaid Accounts, etc.

When you are owed money, whether you are a individual person or a business, there are several legal avenues that you may explore to recover the funds due. Initially, direct negotiation is often the preferred method as such offers a chance for an amicable resolution without legal involvement; however, if this approach fails to yield the desired results, it may become necessary to engage the services of a legal professional. An experienced legal professional can assist in drafting and sending formal letters warning of pending litigation which serve as a stern reminder of financial obligations and imminent legal action.

In certain circumstances, Freed Legal Services may work with a collection recovery business as registered with the Collection and Debt Settlement Act, R.S.O. 1990, c. C.14, as well as other debt collection services including private investigators and licensed bailiffs.