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Business Debt Recovery

Specialist business debt recovery lawyers

We offer a full debt recovery service which includes where necessary a pre-collection service through to the issue of proceedings and enforcement. We also issue insolvency proceedings for clients including the issue of statutory demands, bankruptcy petitions and winding-up petitions.

Bankruptcy – Issuing bankruptcy proceedings can be extremely effective in recovering undisputed debts. This involves serving the debtor a statutory demand, then issuing a bankruptcy petition if they do not respond.

Court Proceedings – If there is no response to a Letter Before Action, we can prepare and send proceedings to court within 24 hours. If there is no response, we can apply for a judgment to be entered on your behalf.

Enforcement of Judgments – We will advise on the best method for you. This could include instructing a bailiff, a charging order, a third party debt order, a statutory demand or an attachment of earnings order.

Foreign Debt Collection – We can help you track down debt in Ireland, Scotland and most of Europe.

Pre-Action Collection – On the day you instruct us, we will act fast to send a Letter Before Action that is tailored to your needs. We will also discuss what course of action is suitable if they do not respond.

Winding Up – Before we start this, we usually send a letter demanding payment or a statutory demand. If you don’t receive your debt, we can issue a winding up petition – which they will have to pay for.

 

Why choose our expertise

  • We treat your debt as if it were money owed to us, and we collect it as quickly as possible
  • You can draw on the additional expertise of our Dispute Resolution and Insolvency teams
  • We are approachable, friendly and always happy to discuss individual matters
  • You can rely on our good use of technology to ensure an efficient and reliable service
  • We won’t just collect your debts, we can increase your recoveries by working smarter

It is important to recover debts to avoid financial pressure of your business. We offer a range of services to help you do this and a highly skilled team of commercial debt recovery lawyers.

For many years we have offered a competitive quality debt recovery service for general debt matters. We also provide a personal service for difficult debts or where insolvency proceedings are appropriate. If required, we will provide periodic reports in relation to bulk recoveries or debt portfolios.

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Whatever your legal needs, our wide ranging expertise is here to support you and your business, so let’s start your legal journey today and get you in touch with the right lawyer to get you started.

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