DEBT

Negotiating employment contracts, contesting dismissals, salary negotiations, representation in employee versus employer suits and even negotiating out of court settlements on behalf of employers and employees are some of the functions of employment solicitors. They can even help employees who have lost their jobs renegotiate their loan repayment schedules to prevent defaulter notices or the use of recovery agencies to collect the money... There is a myriad of other reasons as to why people may default on different types of loans; business failure, poor business performance, emergencies that drain their finances such as medical emergencies in the absence of appropriate insurance cover. Since financial institutions and other money lending businesses depend on the repayment of loans to make their money, this can be crippling. However, the use of debt recovery solicitors can greatly improve the chances of recovering what may be classified as bad debts.