Maintaining a healthy cash flow is the lifeblood of a business. Debtors defaulting on payments can cause your company financial difficulties through no fault of your own. If you are concerned that your business is suffering due to debtors failing to make payments on time there are various methods that can be used to successfully recover your money.
We are sensitive that recovering debts can be a delicate issue. Our team will take time to understand the nature of your business, investigate the circumstances of the debt and advise on the most appropriate course of action for your situation.
It is not always necessary to take court action and all avenues of resolution should be explored. But if reason and amicable methods fail then we will act to protect your interests and can sue your debtor to recover what is rightfully yours.
Our team undertakes the following types of work in debt recovery:
- Letters before action
- Mediation between parties
- Issuing statutory demands & winding-up petitions
- County Court claims
- County and High Court Enforcement