A business failure has a far-reaching impact. It affects not only the directors, managements and shareholders of the business but also its employees, their families, customers, suppliers and financial backers. We have acted for all of these stakeholders, as well as for the Trustees in bankruptcy and we offer a full range of corporate insolvency services.
Working closely with our colleagues in Employment and Commercial Property, we have the all-round experience necessary to achieve the best possible outcome for you. Wherever possible, our emphasis will be on the recue, recovery and renewal of your business. Our expertise also covers the full spectrum of insolvency-related matter, including:
- Applications to set aside statutory demands
- Claims against directors
- Company restructuring and refinancing
- Creditors rights on insolvency
- Company Voluntary arrangements
- Directors Disqualifications
- Equitable exoneration and set off
- Individual Voluntary Arrangements (IVA)
- Injections to restrain advertisements of winding-up petitions
- Landlords rights on insolvency
- Preparing and serving statutory demands
- Protecting the family home
- Setting aside transactions at an undervalue guidance to help you to fight your corner
We will give you straightforward, pragmatic advice at extremely competitive rates, with the full range of debt recovery services, from drafting letter before action, late payment demands and statutory demands through to commencing insolvency proceedings and enforcing judgements.
We will support you until the debt is paid or until all avenues have been exhausted.
Our Debt Recovery Solicitors recognise that bad debts can affect cash flow, drain resources, and impede business efficiency. Every business should have effective cashflow procedures in place, and this includes facilities to ensure debt recovery. After all, outstanding invoices can be a company’s biggest “asset” and turning this asset into cash is essential to enable a business to progress.
We recognise that a busy company may not have the time or resources to pursue bad debts, but we do. We also have the expertise and can do this efficiently and cost effectively. Many businesses, big and small, outsource their debt recovery to our specialist solicitors for these reasons.
A letter from a debt recovery solicitor is the best option for delivering prompt payment and avoiding litigation. See details of our fixed fee service below. Furthermore, our involvement, which is always conducted with sensitivity to your reputation, should allow the business relationship between you and your customer to continue.
Instructing our debt recovery solicitors to deal with unpaid debts means that you can get on with the running of your business, safe in the knowledge that bad debts are being pursued and monies collected.
Contact our Central London debt recovery solicitors today
We run debt recovery claims from Letters before Action, through County or High Court legal proceedings (or by the service of winding up petitions) through to judgement and enforcement.
Our Litigation Department has the expertise to assist you in recovering debts. Instructing us promptly to recover your debts should regularise cash flow and improve your bottom line.
To speak with one of our debt recovery solicitors to discuss the services available to you, contact us.