Debt recovery, whether from an individual or a company is challenging. It is necessary to use a lawyer to assist you since using force can lead to unexpected injuries to one of the parties involved. Once you approach a lawyer, various ways can be used to recover the debt. The lawyer can act as the mediator, and when this option fails, the legal channel will be followed and the courts can handle the matter. Below are some of the details that you must always give your lawyer before the commencement of the debt recovery process.
Identification details of the other party
You should be able to provide identification details about the person or company that owes you. Some of the important details when it is a company include the name of the company, the full names of the employees you were transacting with and the address of the company. When the debtor is an individual, you should provide the names of the person and their address. The address is essential when you have to serve them with a letter to appear in court for the legal proceedings.
Any document or recording of the agreement
Just because you tell a lawyer that someone has your money is not sufficient to take legal action against them. There has to be proof that you gave them some money that they owe you. In case it is payment for service rendered you have to provide the signed documents that will prove the existence between both parties. If you lack any of these documents, you can provide a recording of the agreement, whereby your debtor will have to confirm that they owe you the money. These documents and recordings will be used as evidence by your lawyer when the matter is forwarded to the courts.
A sworn affidavit
You should have a sworn affidavit which states the amount that is owed by the other party. This helps to avoid inconveniences that can arise when someone makes false statements about the amount that is owed to them.
You can attempt to reach out to your debtor before approaching a lawyer. However, always avoid getting confrontational when you want to recover your debts and the debtor becomes rude or fails to uphold their promises. The best strategy is to approach a lawyer who will use their experience and knowledge of the law to make sure you recover all the money owed to you.