Unfortunately every business will likely experience bad debtors – an individual or another business who does not pay promptly despite contractual payment terms having been made clear.
We recognise that recovery of unpaid debts is essential for the survival of businesses and we understand that recovery of commercial debts can often be a drain on management time and resources, distracting you from what it is your business does best.
Your unpaid debt may be due from a member of the public or from another business. We can assist with both types. The means of recovery, securing judgement and taking enforcement action can be different.
We can offer a range of support to meet your particular circumstances. In all cases a commercial view is essential to balance the costs of recovery and likelihood of success. Services offered include:
- Tracing service
- Solicitors letter
- Solicitors letter before action
- County court claims (centralised in a national specialist debt recovery court)
- Defended claims
- Negotiation of debt repayment plan
- Monitoring of debt repayments
- High Court Enforcement Officers
- Charging Order
- Attachment of Earnings
- Third Party Debt Orders
- Winding-up orders
- Bankruptcy petition
How we can help
Our experienced debt recovery team specialise in this field of work. Our clients always receive a high level of expertise, and a practical and professional approach that is tailored to meet their specific needs.
We can discuss with you the most cost effective method of recovering your debt. If you would like to know more, or just want a confidential chat about your options, contact us today.