Most businesses, at some point, will suffer from cash flow problems in many cases, worsened by bad debt. Some bad debt is inevitable and may be a result of the debtor being insolvent (unable to pay their debts when they are due). Unfortunately some bad debt is caused by unscrupulous practiced debtors who regard it as a legitimate business practice to avoid paying their bills unless they are compelled to do so by threat of action.
You may have previously attempted to recover your debt directly or alternatively via debt recovery agents, however we often find that our involvement means that debtors who have ignored repeated requests for payment, respond promptly.
Our debt recovery lawyer specialise in pursuing recovery of debts by way of negotiation, service of statutory demands or the threat of bankruptcy/ winding up and/ or legal proceedings, if necessary.
Our dispute lawyers understand that most clients, whether commercial or private, would prefer to resolve any dispute without resorting to litigation and at minimum expense. Accordingly, our fees are highly competitive and we can promptly advise you on the prospect of success of recovery, any alleged defence and/ or counterclaim and the correct entity of the defendant. We also advise on all post Judgment enforcement options.
If you would like further information please contact a member of our Disputes or Class Action team then please: email: email@example.com , Telephone: Chelsea Office: 020 7228 2020 or Knightsbridge Office: 020 7095 0930.