Are you, or is your business, owed money? We understand how frustrating it can be to have to chase your debtors, and the cash flow difficulties that might arise if you do not receive what you are owed on time.
We provide a tailored, flexible approach to debt recovery. This means that we carefully consider the information that you provide us and work with you to ensure that we act efficiently and effectively from the outset. We are conscious that debt recovery must be economically viable, and we are therefore happy to discuss our fee arrangements prior to undertaking any work.
In recovering your debts it is crucial that you act quickly, but also that attention is paid to the details. We pride ourselves on giving practical advice from the moment of instruction. For instance, identifying the legal entity behind a trading name and researching their solvency at the start can allow you to make better informed decisions in pursuing a debt.
When pursuing a debt we consider all of the options open to a client. If a debtor is unwilling to pay a debt or come to an arrangement with you following a demand letter, we can quickly analyse the situation and provide you with practical and economic options – whether that be raising a court action, serving a statutory demand, or engaging in alternative dispute resolution that may be provided for in your contract with the debtor.
If a court action is required – either to recover the debt or to liquidate/bankrupt the debtor – we can provide you with clear, straightforward guidance on the timescales and cost.