I have always been impressed by his attention to detail and commercial approach to ensure the best recoveries possible.

John-Paul O'Hara, Director, JPO Restructuring Ltd

Speak to an expert 01782 205000

Alternatively, email debtrecovery@beswicks.com

Debt Recovery

Our debt recovery specialists provide a dedicated, professional service supporting you during every stage of the debt collection process. Our strategy depends on the type of debtor you are pursuing, your relationship with the person who owes you money and how strongly you wish to pursue your debtor.

Whether you are an individual or company, pursuing unpaid debts can be time-consuming and frustrating but don’t give up on money that you are owed. We can help.

Credit control is a crucial area of business management and cash flow is the lifeblood of any business. As such our services are designed to meet the debt recovery needs of businesses when payment problems arise.

We take pride in the fact that our clients view us as a seamless extension of their credit control teams, trusting us to handle situations sensitively and appropriately, so that they can maintain business relations with some or all debtors.

Get in touch to discuss how we can recover the money you are owed.

Richard Anderson
Head of Debt Recovery

Book an appointment online

Make an appointment with one of our specialists using our online booking system

Talk to us about:

  • Pre-action protocol letter and issue of proceedings
  • Statutory demands
  • Bankruptcy and winding up
  • Defended actions
  • Credit control
  • Enforcement

Our debt recovery solicitors have a high success rate when it comes to clawing back money owed. Before you consider writing off debt, make sure you talk to them about how they can help you. View our range of fixed fees.

 

Pre-Action Protocol Letter and issue of Proceedings

Before starting a debt recovery claim, it is important to adhere to the steps set out in the pre-action protocol for debt recovery.

This requires both parties to exchange requested information, act in a proportionate and responsible manner, particularly in relation to costs, and make every attempt to resolve the matter before starting legal proceedings.

The protocol applies to any business (including sole traders and public bodies) claiming payment of a debt from an individual (including a sole trader), but excludes business-to-business debts (except in circumstances where both businesses are sole traders).

It is vital that the pre-action protocol is complied with to avoid delays and penalties later down the line. The aim is to encourage early engagement and communication, avoid court proceedings if possible, and, if litigation is unavoidable, ensure matters can be dealt with efficiently.

Our solicitors can take care of the pre-action protocol for you, ensuring all requirements are met, maximising the chance of you successfully recovering the debt and minimising the risk of things escalating to court proceedings.

Statutory demands, bankruptcy and winding up

Whether you are concerned with your financial position or you are being threatened with bankruptcy or winding up, we can help.

You cannot take any action against an individual through the insolvency process if your outstanding debt is less than £5000. However, a claim against a limited company is £750 or above.

Our detailed knowledge of personal and corporate insolvency may provide you with alternatives to your situation. We can help you through the insolvency process. Having the right lawyer in your corner can be crucial for protection.

Defended actions

Our highly experienced dispute resolution team can handle full commercial disputes on your behalf.

Credit control

It is vital that any business has a full and robust credit control system in place. We can help you set up procedures for customer credit checks, the identification of customers, establishing your terms and conditions of trading, your payment terms, your credit control procedures including letters and emails, and your telephone calls processes.

Looking for legal advice? How can we help?

We take privacy seriously and will never share your information. All of our communications are managed in accordance with the Beswicks Legal privacy promise.