Banking, Finance, and Debt Recovery
Our attorneys are experienced in all areas of banking and financing and undertake advisory and litigation work related to banking, and financial securities. Our firm is knowledgeable of the myriad of compliance procedures and can assist with developing the necessary policies and procedures required to remain in compliance with legislation and FSC regulations.
Receivership and foreign receivership
We are also offer services and are experienced in securities law, foreign and local receiverships and insolvency.
Debt recovery
Taking legal action for debt recovery must be strategic. Our firm offers guidance to individuals and businesses of the various hurdles in navigating the complexities of debt recovery and protecting their financial interest. our qualified and experienced attorneys counsel our clients on the types of redress available by providing them with a thorough understanding of the various legal processes.
Where debt settlement discussions or negotiations have proven fruitless, our attorneys are able to institute a claim in the Courts to secure payment. Where judgment is issued by the Courts, we can assist with enforcing the judgment by several methods, such as:
Execution of Judgment
- Once judgement is secured, the creditor may request a writ of execution from the Court for the seizure of the debtor’s assets such as personal property.
Garnishment
- A garnishee Order allows for the deduction of a portion of the debtor’s wages or bank account balances until the debt is paid in full.
Lien (placing a lien on a debtor’s property prevents its sale)
- The placement of a lien on a debtor’s property blocks any future sale or transfer until the debt is repaid.