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Debt Recovery

Experts in Recovering Debt

In an ideal world your invoices would be paid in full and on time, but we recognise that this is not always the case and that unpaid debts can affect cash flow and potentially your ability to pay your own creditors.

Recommended by the Legal500, our debt recovery team has a wealth of experience in recovering debts for clients of all sizes and across a range of sectors, and they work closely with our insolvency and litigation teams to ensure that debts are recovered as promptly and efficiently as possible.

The steps that we may take to recover debts include:

  • Pre-action checks and tracing
  • Letters before action (including demands for late payment interest and compensation)
  • Negotiations
  • Issuing court proceedings
  • Statutory demands, bankruptcy and winding-up petitions
  • Enforcement

We also appreciate that funding can often be an obstacle to collecting debts, which is why we can operate on a fixed fee basis or, in appropriate circumstances, a contingency basis without any upfront cost to you.

Prevention & Debt Avoidance

During the debt recovery process, we will also provide you with practical guidance on your credit control processes and reducing your bad debts generally. We can also carry out reviews of your terms and conditions to ensure that your customers are deterred from paying late and that your prospects of recovering debts, and the associated costs, are maximised.

Enforcement

We will advise on all methods of enforcement, which include insolvency proceedings, charging orders, attachment of earnings orders, third party debt orders and the instruction of High Court enforcement officers. We also work for High Court Enforcement Officers and are therefore able to assist even where any issues arise during the enforcement process.

We also have significant experience of enforcing judgments obtained in other jurisdictions (including from within and outside the EU/EEA), on behalf of banks and foreign governments amongst others. In addition, we work with our contacts in other jurisdictions to allow you to enforce English judgments as seamlessly and efficiently as possible.

 


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How we handle your personal data

The General Data Protection Regulation (GDPR) gives you more control over how companies like ours use your personal information and makes it quicker and easier for you to check and update the information we hold about you.

As part of our service to you, we will continue to collect, use, store and share your data safely and securely. This doesn’t require any action on your part.

For more detailed information view our Privacy Hub