Lovetts, the debt recovery outfit (which also, incidentally, claims to be the UK’s first publicly-listed law firm), says the amount of debt it chased through the courts in the second quarter of 2009 increased 105% over the same period in 2008.

 The value of debt pursued through letters before action also increased, by 38%.

Charles Wilson, Lovetts chairman and managing director, said: “Claims through the courts are a last resort and yet we have seen a massive increase in the volume of debt being pursued. This clearly shows an increased focus on getting debts paid, which should encourage other businesses to take similar action.”

Court action is always avoidable if you seek professional advice upon receipt of any debt recovery letters or demands. Clark Richards can help stop court action and provides solutions to all forms of debt.