The appointment of a Liquidator to wind up a Company that is unable to pay its debts is a significant enforcement option and equivalent with Bankruptcy for individuals. The appointment of a Liquidator means that all assets of the Company come under the control of the Liquidator including any loans owing from Directors or Shareholders […]
Get serious and get paid!
Our Expert Debt Recovery Lawyers will provide your business with practical advice and strategies for recovering debts owed to you and avoiding bad debtors in future. Our objective is always to identify and assess any dispute then recover the debt quickly.
Fast Debt Collection
We understand that you have better things to do than get involved in drawn out Court proceedings.
Our experienced Solicitors can assist you with all stages of the debt recovery process including:
- drafting effective letters of demand,
- liaising and negotiating with debtors,
- commencing Court proceedings (drafting Statements of Claim), and
- acting in relation to defended Court proceedings and enforcing Judgments once entered.
We have an excellent success rate of recovering debts and negotiating favourable outcomes for our clients.
If the debt is genuinely disputed the best outcome is often a commercial compromise.
This means that whilst you might not receive the full amount of the debt you will avoid some of the costs, delays and headaches that can be associated with defended Court proceedings. A negotiated compromise can also be documented in such a way so as to created additional securities (guarantees) and will eliminate costs associated with defended Court proceedings if the settlement agreement is breached.