We have a highly effective debt recovery team which works closely with the Credit Control departments of a number of large clients, providing straightforward advice as to the most effective means of pursuit and enforcement of commercial debts. Over the past 9 months we have been instructed to recover debts totalling over £1million.
Our approach
Our approach is to understand your internal recovery process as well as your specific business needs, working with you to not only minimise bad debt but ensure that your costs of recovery are kept proportionate to the debt amount.
We will advise and represent you on all aspects of the debt recovery process, assessing the most appropriate course of action to recover the monies due.
How we can help
We are able to assist you from the start of the recovery process right through to enforcement. Our recovery process includes the following:
- Carrying out thorough due diligence on the debtor
- Preparing statutory demands with a view to commencing insolvency proceedings
- Issuing claims in the County Court and High Court
- Securing and enforcing judgments including applications for charging orders, third party orders, attachment of earnings and orders of sale
- Seizing the debtors goods by utilising the services of the Bailiff and High Court Enforcement Officers
We can also provide technical advice on disputed claims, helping you manage the claims through to trial or a resolution by other means.
Our clients
We work with a variety of businesses from public limited companies to sole traders. Clients who use our recovery services come from a range of sectors including; retail, construction, banking and property investment. We also have extensive experience of working with both administrators and liquidators.
Fees
For further information about the service and a full breakdown of our fees, please contact Graeme Davy, solicitor and head of Debt Recovery on 01274 703 918 or at graeme.davy@gordonsllp.com.