Debt Recovery Notice

You may send a notice for recovery of money from your employer, friend or any other party who owes you money. The first step in recovery should be to send a legal notice since most recovery cases get resolved in this step itself and you do not need to proceed to Court.

You must send a well-drafted and legally sound notice to ensure that you get a prompt response on your notice and you have maximum opportunity to recover your money.

Draft & Send Debt Recovery Notice
At INR 2499

What You'll Get In The Package

Inclusion

  • 20 minutes consultation and advice from experienced top lawyers
  • Legal notice drafting to be sent to you for approval
  • Final legal notice drafting incorporating suggestions given by you (if any)
  • Dispatch of the final legal notice through registered post
  • The tracking number of the registered post shall be shared with you

Exclusion

  • Subsequent case after the legal notice has been sent is not included
  • You may hire the lawyer for any subsequent cases

Documents Required to Draft & Send Debt Recovery Notice

  1. Affidavit of proof of money lent/owed to you
  2. If recovery from employer, employment agreement that states the amount that your employer is to give you in exchange of your service
  3. Any proof of money owed to you

 Procedure to Draft & Send Debt Recovery Notice

  1. You must hire the top Debt Recovery lawyers in your locality to help you draft a legal notice for the recovery of your money.
  2. The draft notice shall be drafted and sent to you for approval.
  3. The final notice shall be drafted incorporating your suggestions(if any).
  4. The final notice shall be sent to the opposite party

Most Consulted Advocates

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Excellent experience with drafting

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FAQs

When can I recover the money after sending a legal notice?
The legal notice sent by you is a necessary pre-requisite to be undertaken before taking legal actions against a defaulter for the recovery of money. It is taken into consideration by the Courts when a suit for money recovery is filed. Hiring the best top Debt Recovery lawyers in your locality will help you draft an effective legal notice and subsequently, to file a case to help you recover your money.
How much will it cost me to send a legal notice?
Hiring the best Debt Recovery lawyers in your through Legistify will help you in sending a legal notice for the recovery of the money owed to you. The services shall be provided to you at affordable prices with no hidden costs and no additional hassles.
Do I need to send a legal notice before initiating a suit for recovery of money?
Although it is not mandatory to send a legal notice, it is always prudent to do so. The legal notice serves the purpose of giving a reasonable time to the person who owes you money to make a payment. The notice also acts as valid proof before a Court of Law that a certain amount is owed to you.
Is there any minimum amount that needs to be owed to me before I can send a legal notice?
Indian laws do not specify any minimum amount which needs to be owed to you before you may send a legal notice for the recovery of money. The amount, however, must be a reasonable amount, i.e., the amount should be such that any reasonable man would be of the opinion that a notice may be sent for the recovery of the same.
What can be done if the defaulter’s address is not known?
If the defaulter’s address is unknown, the legal notice may be sent to his/her last known address.
Is there a limitation period on when a notice may be sent for the recovery of money?
Yes, there is a limitation period of 3 years within which you must send the notice and file the recovery suit, if any, for the recovery of money owed to you. However, if there is an acknowledgement of the debt owed to you, then the limitation period will restart.
Under what legal provision can I file a money recovery suit?
You may file a summary suit for the recovery of dues owed to you under Order 37 of the Code of Civil Procedure.
Can I file a suit against my friend for not returning the money that he borrowed from me?
Before filing a suit, you must consider sending a legal notice for the recovery of the amount owed to you. Most cases of unrecovered debts get resolved at the notice stage itself.
Why is it necessary to send a legal notice?
A legal notice acts as an intimation to the other party that the sender of the notice intends to sue to resolve the issue if the same is not done by the receiver of the notice. A notice for recovery of money informs the defaulter that if s/he doesn’t return the money within the given time, it shall result in a recovery suit being filed.
How can I send a legal notice?
You must send a legal notice by hiring the most experienced Debt Recovery lawyers in your locality. The lawyer shall help you draft a legally sound and effective legal notice for the recovery of your money by understanding your issue and the legal specifics of your case.