How will the Judgment Centre enhance your recoveries?

Yuill + Kyle, along with trusted partners, have developed the "Scottish Judgment Centre". The philosophy and business case for the centre is that action should only be taken against a debtor if it is likely to produce a financially successful outcome.

Yuill+Kyle database

As one of Scotland's leading debt recovery lawyers, we have an extensive database of debtors and slow payers. These debtors will be profiled through the Centre's database so that the appropriate action will be tailored to the debtor's ability to satisfy the judgment.

Sheriff Officer recoveries

Certain information can be accessed by asking our Sheriff Officers if they have had any prior experience of dealing with the debtor. Again, profiling the debtor will be paramount.

Insolvency liaison

Our insolvency practitioners have working relationships with a number of debt factoring companies. These factors often have information about a particular debtor who will be on their "watch list". Once again, debtor profiling will be at the forefront of the decision making process.

Account evaluation

Evaluation of accounting information will include the following:

  • What is the bank's or any other lender's, including invoice factors, position re. security - bond and floating charges or standard securities / mortgages, etc.?
  • Is there evidence of property? If so, a property search will be undertaken for further information
  • What is the non-property tangible fixed assets position - do the accounts show a historical trend of the company holding a reasonable level of such assets?
  • What is the book debts / stock / WiP position - again do the past accounts indicate reasonably consistent levels of such assets? However, if the accounts are long out-of-date, we would not place much reliance on levels still being the same
  • Review notes to the accounts looking for evidence of other assets e.g. director loan accounts which may lead to searches on the directors and whether they might have assets (e.g. the area they live in / property searches etc.)

Instruct the Scottish Judgment Centre here.

If you would prefer to proceed immediately to instruct a pre-sue letter, click here.

Proceed directly to Court Action here.

For a large debt where your debtor is in financial difficulty try our Fast Track Recovery Service.

Contact Our DEBT RECOVERY Lawyers

Call us on 0141 331 2332
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Contact Our DEBT RECOVERY Lawyers

Call us on 0141 331 2332

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