Debt recovery plays a crucial role in the commercial success of any business. A business requires swift recovery of outstanding monies which can be achieved by a good credit control system, sending letters to your creditors when debts fall due and without delay.
Our specialist Debt Recovery Team recognise that cash flow is integral to the operational success of any business and that as such the swift recovery of outstanding monies is crucial. Therefore our dedicated Team is proactive and works in partnership with you to ensure the debt recovery process is conducted as simply and as rapidly as possible
Our specialist Debt Recovery Team specialise in:
- Credit Control / Credit Management including Late Payment Demand
- County Court Proceedings
- Letter Before Action
- Pre Action Collection
- Issue of Proceedings
- Defended Action
- Investigation of debtor assets
- Third party debt orders
- Attachment of earnings orders
- Bailiff action
- Charging orders
- Orders for sale
- Bankruptcy and company insolvency
If applicable, we will use a Letter Before Action initially, which usually results in the prompt payment of any outstanding debt. However, if a case becomes defended or requires specialist advice or assistance, the Team can make use of the comprehensive knowledge of our expert lawyers within the Commercial Litigation Department, where it will be passed to a member of the Team experienced in dealing with disputed debts.
Follow this link to find full details of our Debt Recovery Costs.
Legal 500 2019: The Debt Recovery Team were recognised as a leading team in the West Midlands.
At FBC Manby Bowdler LLP, Gareth Ruddock acts for a range of SMEs (including construction and software companies), as well as insolvency practitioners, which the firm advises on collecting book debts.
If you have an enquiry in relation to debt recovery or simply want to speak to a member of our expert Team for further information and guidance, request a call back or make an enquiry.