DWF's Recoveries Team provides a complete recoveries solution to clients across the private and public sectors. We offer a specialist recovery service to clients from the education sector, using highly skilled legal teams and state-of-the-art technology to provide an efficient and cost effective service.
There has never been a more critical time to ensure that you have the right processes in place to maximise your cash flow. There are a range of recoveries issues Education institutions should be aware of:
- Unpaid tuition fees: A common issue for some institutions is unpaid fees. These can be from current students or those that have left your organisation and we understand that these situations should be tackled in a different way - depending on the relationship you may wish to maintain with the student.
- Halls and accommodation: Another key challenge educational institutions face is that of unpaid rent for places in student halls or other accommodation - and in some cases damage caused. DWF have a great deal of experience in this area which often includes pursuing guarantors.
- Hospitality and conferences: One of educational establishments' most valuable assets is their facilities, and whether these are hired out on an ad-hoc basis for events such as conferences, or on a regular basis to the same groups such as sports halls, then receiving payment for these services is key.
- Overpayment of salaries: Even the most reliable payment systems sometimes go wrong. Organisations responsible for making payments will sometimes discover that they have made payments in error. These can occur during the course of employment or following termination of employment and can include overpayments due to late notice changes to payroll, excess holidays taken, non-payment of loans and non-return of property.
- Trespassers: There may be instances where you find squatters in your properties or travellers on your land and need to have them removed. This is done by way of a Claim through Courts which is personally served on the offenders. Should this fail to have the desired effect we seek a Writ of Possession which is executed by a High Court Enforcement Officer.
- Redundant assets: Through one of our strategic partnerships, we are able to handle the valuation and disposal of a wide variety of assets. This is often done by a site visit by our partners to provide guidance on assets likely to realise a good value together with organising, lotting and photographing assets in preparation for auction.
For more information, or if you have any questions please contact David Scottow.This information is intended as a general discussion surrounding the topics covered and is for guidance purposes only. It does not constitute legal advice and should not be regarded as a substitute for taking legal advice. DWF is not responsible for any activity undertaken based on this information.