Debt Recovery

What is involved?

When debtors fail to pay or continue to delay payment, you need swift and effective action. It is important to recover your debts to avoid unnecessary financial pressure. We understand the importance of handling this process in the right way, without damaging your reputation.

Our unique debt recovery service is ideal for universities, letting agents, insolvency companies, tradespeople and accountants – delivering support and advice that is sensitive to your needs.

We can help trace your debtors, provide a Letter before Action, negotiate with debtors to avoid alienation, issue and serve claims, and prepare and serve Statutory Demands. If legal action has been taken, we can support the enforcement of judgments, wind up limited companies and apply for the bankruptcy of individuals.

Why choose Freeths?

• Don’t just collect your debts, increase your overall recoveries by working smarter with our help
• We use technology and immediate access to data to further enhance our high level of efficiency
• Choose from low fixed rates or ‘no win no fee’ – we offer a flexible approach to charges for claims
• You can rely on a tailored solution for you, aided by our Dispute Management and Insolvency teams
• Enjoy a swift and effective service – we’ll take the first steps to recover your debt the same day

Our specialist team are experienced in giving advice to help you avoid loopholes and problems.

This includes analysing why debts arise and analysing what is the most effective debt collection process for you. We can also advise on how to tighten up your terms, conditions and processes, up-skill your people, and update your systems to reduce the number of debts and reasons not to pay.

Whether you have large book debts or a one-off claim, our team of debt recovery lawyers use a proactive, commercial approach to bring about a speedy recovery. If the debt becomes a contentious matter, you can rely on our highly experienced Dispute Management team to guide you through.

Call us today to see how we can help you.