Understanding the Purpose of a Debt Recovery Demand Letter A debt recovery demand letter serves as a formal request for repayment of an outstanding debt. It is typically the first step taken by creditors to encourage payment before pursuing legal action. This document should clearly state the amount owed, the original terms of the debt, […]

Understanding the Limitation Act 1980 The Limitation Act 1980 is a comprehensive piece of legislation in the United Kingdom, setting forth the time limits during which legal proceedings must be initiated. This statutory framework plays a pivotal role across various areas of law, with a notable impact in the arena of debt recovery. By enforcing […]