Debt Recovery

Our team of skilled solicitors will guide you through the debt recovery process, ensuring that you recover what is owed to you. We employ a strategic approach, starting with sending formal demand letters, negotiating payment plans, and, if necessary, initiating legal proceedings to recover outstanding debts. Our debt recovery services include:

• Credit Control Policy Advice: We help businesses develop effective credit control policies to reduce average debtor days and minimize the risk of bad debts.
• Pre-Litigation Advice: We provide pre-litigation advice and use letters before action to encourage debtors to settle their debts without the need for court proceedings.
• Bulk Debt Claims: We handle bulk debt claims efficiently, ensuring that large volumes of debts are managed and recovered in a timely manner.
• Legal Proceedings:We initiate legal proceedings for debt recovery, including international and cross-border debts, and handle defended actions to secure favorable outcomes.

Debt Management

For individuals and businesses struggling with debt, we provide expert advice on debt management. We work with you to develop tailored strategies to manage and reduce your debt burden, including negotiating with creditors, consolidating debts, and exploring insolvency options if required. Our debt management services include:

• Debt Consolidation: We assist in consolidating multiple debts into a single, manageable repayment plan.
• Creditor Negotiations: We negotiate with creditors to reduce interest rates, extend payment terms, and agree on affordable repayment plans.
• Insolvency Options: We explore insolvency options, such as Individual Voluntary Arrangements (IVAs) and Company Voluntary Arrangements (CVAs), to provide long-term solutions to financial difficulties.

Litigation and Enforcement

When amicable solutions are not possible, we represent your interests in court to secure a favorable judgment. We also assist with the enforcement of court orders to ensure that you receive the payments you are entitled to. Our litigation and enforcement services include:

• Court Representation: We provide robust representation in court, ensuring that your case is presented effectively and persuasively.
• Enforcement of Judgments: We take necessary legal steps to enforce court judgments, including obtaining charging orders, attachment of earnings orders, and writs of execution.
• Statutory Demands and Bankruptcy Petitions: We issue statutory demands and bankruptcy petitions to compel debtors to pay outstanding debts or face insolvency proceedings.
• Winding-Up Petitions: We file winding-up petitions against companies that fail to pay their debts, seeking to liquidate their assets to satisfy creditors' claims.

Insolvency Services

If your debt situation is severe, we offer insolvency services, including advice on bankruptcy, individual voluntary arrangements (IVAs), and company liquidation. Our goal is to help you find the most appropriate solution to your financial difficulties. Our insolvency services include:

• Bankruptcy Advice: We provide guidance on the implications and process of bankruptcy, helping individuals make informed decisions about their financial future.
• Individual Voluntary Arrangements (IVAs): We assist in setting up IVAs, allowing individuals to repay their debts through a formal agreement with creditors.
• Company Liquidation: We offer support and advice on the liquidation process, ensuring that businesses are wound up in accordance with legal requirements and creditors' interests are protected.