High-value debt recovery lawyers
Our team has an outstanding reputation for providing pragmatic and commercial advice in relation to high-value business commercial debt collection for large corporates. We act for a wide range of businesses in the manufacturing, sales and services sectors. Our commercial debt recovery solicitors provide the advice and guidance you need when looking to collect a debt over £100,000.
We recognise that cashflow is at the heart of any business; our priority is to consider the most effective debt collection method in order to achieve the best recovery in light of the debtor’s finances. We will consider if it is appropriate to issue a civil claim, serve a statutory demand or commence winding-up proceedings.
We specialise in the recovery of commercial debts. Our business debt recovery solicitors have significant experience in collecting high-value debts in the UK and internationally. Our extensive international network of GGI member firms ensures that we have access to and can work closely with specialist advisers around the globe.
We can assist insolvency practitioners with investigations, tracing, recovery of book-debts and realisation of assets. We can rely on our specialist lawyers in our Property Team to assist with the recovery of outstanding rent and service charges due under commercial leases.
Why you should use our solicitors for your business debt recovery
We do not provide a faceless automated computerised service. We do not generate standard letters of demand. Ours is a personal service and is tailored according to the nature of the debt. When you have a large debt to collect, you will speak to a qualified lawyer who will advise you how to proceed in light of the nature of the debt. Often debts are recovered without the need to issue court proceedings.
We will also consider the recoverability of additional sums by way of contractual interest and/or legal costs or interest and compensation under the Late Payment of Commercial Debts (Interest) Act 1998.
If matters become defended, we can deal seamlessly with the dispute drawing on our Corporate, Commercial and International dispute resolution expertise.
For further information please contact one of the team.