UK Business Debt Collection & Asset Recovery Lawyers
Our business lawyers offer business debt collection and asset recovery legal services for banks, businesses, companies, organisations and institutions in the UK. We can collect bad business debts and bring in the payments for you while you concentrate on making your company a success.
Whether you are collecting a business debt as an individual or on behalf of your company one of our advisers will be able to help and your call will be treated in the strictest confidence.
If you are having problems or disputes with your business and need legal advice please email or write. We pride ourselves on getting to know both you and your debtors thus enabling us to collect monies owed in a prompt, cost effective and professional manner.
Recover Property & Collect Business Debts
Bad debts in your business represent “dead money” which could be converted into cash. Unless a Debtor responds to reasonable requests for payment, the only lawful course of action open to a Creditor is to seek redress through civil legal proceedings.
The majority of business debts are settled after a formal “letter before action” requesting a debtor pays within a specified time. In many cases simply instructing our Debt Collection Department to write this letter will be enough to make the debtor pay.
If it becomes necessary to issue proceedings to recovery the debt we will go through the procedure, time frame and costs with you in detail. This will allow you to assess whether it is a business debt worth pursuing or one that is better written off.
Court Proceedings for Asset & Debt Recovery
the nature of business leads to problems, arguments & disputes from time to time. Business disputes can be costly both in terms of the cost of resolving the matter and the time taken by the management to deal with the issues
As soon as you become involved in dispute you should contact a specialist business lawyer or solicitor to obtain advice on your legal position. It is important not to jeopardising your position through lack of legal knowledge.
Our Commercial Litigation Department has a wealth of experience which can be put to your advantage in a dispute. We aim to resolve any litigation as quickly and cost effectively as possible, so ensuring the best possible outcome of your company.
It is of course always better to prevent litigation from occurring, and working with our Commercial Property, Employment Law and Debt Recovery Departments can help to resolve matters before they become a problem.