Practice Areas
We offer a full range of business, financial and legal services to busy professionals.
Legal support
Business Support
Financial Support
Credit Control And Debt Recovery
At Legal and Financial Support we offer a comprehensive debt collection service which is targeted to your individual circumstances. We will take full details from you concerning the circumstances under which the debt arose and the reasons why it has not been paid and we will advise you on your best options for recovering the money owed to you. On occasions we may have to advise you that it is not worth pursuing the debt for example if we discover that your debtor is insolvent.
Debtors Ledger Analysis Service
Legal and Financial Support Services have developed a bespoke software programme which can analyse the creditors computerised software package and provide a detailed and accurate report which will show the precise amount that can be claimed using the Late Payment legislation.
This will be of particular interest to creditor’s who have a significant number of transactions with individual debtors and to Insolvency Practitioners seeking to ascertain the true value of an otherwise hidden asset of a failed business.
Wills & Executor Services
We are able to take your Will instructions face-to-face, via Zoom or by telephone – whichever you prefer. We can also arrange for you to execute your will in our office, or alternatively we can allow you to execute and have it witnessed remotely by posting it out to you (if you are unable to attend the office).
SSAS Administration
Quite simply the “Rolls Royce” of pension schemes! They are used to reduce or eliminate corporation tax and allow clients to take charge of investing their own pension funds.
We act as HMRC approved scheme administrators for over 60 clients’ Small Self-Administered Pension Schemes (SSAS).
COST NEGOTIATIONS
Legal and Financial Support Services will review what you have been charged for the service which you have been provided and assist you either to negotiate a reasonable fee or to challenge a professional account if you think you have been overcharged or charged for an inadequate or poorly delivered professional service.
We can negotiate with professionals on behalf of individuals, companies or other professionals.
Recovery Of Professional Fees
In many cases other professionals owe one another considerable amounts of money. This is particularly so in the case of the Barrister’s profession in Northern Ireland, whose book debts are almost exclusively due by the Solicitor’s profession. We offer a targeted solution to recover debts between the professions whether by using the distinct rules which apply in such situations, by direct negotiation or via simple Debt Collection techniques.
Financial Business Support
Both principals have extensive knowledge and experience working in the field of Business Recovery, from preventative measures to an almost impossible-looking recovery.
The Company can do this either directly or by working with the company’s strategic partners to provide the best business solution for your particular circumstances.
Get a Free Consultation
Contact us via the form below to enquire about your free consultation.
F.A.Q.
Are Legal & Financial a Law Firm?
We are not a Law Firm but our staff include Solicitors with over 30 years Practice experience. This allows us to offer services that a NI Law Firm do not offer such as “no-win no-fee” agreements. Most new Clients of Law Firms in NI are asked to pay up front!
Who regulates Legal & Financial?
We have been regulated by the FCA since 2015.
Why would I use Legal & Financial instead of my Solicitor?
Although our staff are Qualified Chartered Accountants and Solicitors our charge out rates are pitched at less than 1/2 those of Law Firms. We believe that the average hourly charge out rate of a typical Law Firm of £250 is excessive.
Can I track the progress of my case myself?
Yes-We will provide a personal login to give access to your case through the cloud. We also pride ourselves on world class communication. You will never have an e-mail unanswered or a phone call not returned.
What other benefits come from using Legal &Financial?
As a Sister Company to a Chartered Accountancy Practice we are the only NI Multi-Discipline “One Stop Shop” Firm. This allows Legal and Accounting staff to give holistic advice for example in the proper drafting of a Will to include IHT planning. Instead of asking for payment up front we agree all fees in advance and give up to 6 months interest free credit. Our SSAS set up fees (£1,500) are the lowest in the UK.
Are there any discounts for existing Clients of the Proactive Group?
Yes-We give a 25% discount off our hourly rates for existing Proactive Clients.