Debt Recovery solicitors in London and Essex
All businesses aim to minimise their unpaid debts. Chasing an unpaid invoice is frustrating – at the least – but can also take up significant resource, prevent a business from taking on more work or even mean having to close down. We offer an efficient and cost-effective debt recovery service for small and medium-sized businesses.
Our approach to debt recovery ordinarily involves a four stage process:
- Initial information collection and merits analysis – we will gather the relevant information and documents from you to enable us to assess your case and advise on the options for seeking to recover the debt.
- Pre-action process – this is likely to involve an official solicitor’s letter being sent to the debtor and, if needed, follow up letters.
- Launching of legal action e.g. initiating court proceedings or issuing a winding-up or bankruptcy petition – if the pre-action process does not lead to a recovery, then we will proceed with legal action against the debt in line with your best interests. We will discuss the preferred legal route with you in advance.
- Enforcement of claims – we will help you to turn any successful legal action into debt recovery by taking steps to try to enforce the claim e.g. by instructing bailiffs.
At each stage of the process, we will try to achieve the best outcome for you while striving to keep costs to a minimum.
Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture.
We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage these in line with our agreements.