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£10,000 Commercial Rent Recovery & Debt Dispute
Posted on September 18, 2019 by PSR
PSR Solicitors recover £10,000 in unpaid commercial rent
PSR Solicitors have recently been instructed to recover commercial rental arrears in the sum of £10,000 in relation to a commercial property lease in Wrexham.
The defendants signed a lease to rent a ground floor commercial property and for several months they traded successfully from the premises and paid their monthly rent. Unfortunately, after this they failed to pay and went into arrears.
The landlord approached the tenants with various options to resolve the matter, however the tenants simply ignored the landlord and moved out of the premises. This was in clear breach of the lease agreement.
We were instructed to act in relation to the debt which was ongoing and which was rising each month. An initial letter was forwarded to the tenants, now defendants, setting out that the agreement was legally binding, they had breached the same, and as a result of that breach compensation was now owing.
The defendants failed to respond and as a result PSR Solicitors issued court proceedings, obtained a County Court judgment and then instructed the High Court Sheriff to enforce the judgment. Recovery was made in full.
PSR Solicitors provide a clear plan of action and a transparent price structure when dealing with commercial disputes as we are aware that sometimes it is difficult to pay legal costs in a matter, which are not recoverable from the defendants, when you are already owed money in the first place. If you require assistance with a commercial debt or other debt resolution then please do not hesitate to contact us for initial free legal advice.
PSR Solicitors save client £3,000 in debt dispute
We were approached by a client in Chester in relation to resolving a disputed debt.
The client was involved in a property transaction which fell through and for which the claimant, a property company, pursued her for the sum of £6,000. Our client refused to pay and the property company issued court proceedings against her. At this stage she contacted us to advise her.
Upon reviewing the situation and perusing the available evidence we were able to devise a plan of action involving offering the property company a lower sum as although technically our client was in breach of the agreed terms the property company themselves had, we argued, acted unreasonably throughout the matter.
The claimant ultimately accepted our settlement offer which was approximately 50% of the original claim. We therefore saved our client £3,000.