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Debt Recovery
It is more important than ever in the current economic climate to ensure that you recover the money that an individual or a company owes you or your business. Premier Solicitors specialise in the recovery of debts ranging from small sums to sums running into the several millions of pounds through the Courts.
Subject to a County Court or a High Court Judgment being obtained against an individual debtor, various methods are available to ‘enforce’ the debt:
These include:
- The instruction of Court bailiffs to seize goods at the debtor’s property to be sold for payment of the debt
- An attachment of earnings Order for the debtor to pay installments from his or her earnings towards the money owed
- A charging Order to secure the debt over any property that the debtor may own, and ultimately
- Insolvency proceedings to bring a bankruptcy petition against and individual or a winding up petition against a company.
Premier Solicitors has the expertise to deal with these matters on your behalf and we also work closely with Insolvency Practitioners where necessary and where there may be alternative options to effectively recover your money.
Small claims
At Premier Solicitors we take a very vigorous but polite approach in recovery monies on your behalf. We work in partnership with you as a trusted, outsourced third party to recover debts under £5,000. As an outsider to you or your business we can:-
- step up the pressure on your customer where it may be difficult or inappropriate for you to do so
- defuse awkward situations without you being involved
- preserve your relationships with good clients by pursuing the debt firmly but tactfully
Our specialist team is fully trained in all aspects of debt recovery and can recover debt on behalf of individuals or businesses.
Much of the work we carry out on small claims matters is charged at a low fixed rate so as to make the debt recovery process as cost effective as possible.
High Value Recovery
If you wish to recover a debt which is disputed or worth over £25,000, our team of specialist debt recovery lawyers and solicitors can help.
We understand that having to recover high value debts is stressful for you, so we aim to ease that stress and provide you with a professional efficient service.
Corporate Recovery
Good cash flow is vital to all businesses. In the current economic environment many businesses are experiencing problems with cash flow because customers delay payment of invoices.
Our debt recovery team offers a cost effective and efficient service for the collection of debts, which includes:
- bulk and individual debts
- pre-legal debt recovery and credit control
- enforcement
- winding up and bankruptcy petitions
Call Premier Solicitors now on 01234 35 80 80 and let us help you get paid
Arrange to meet one of our Commercial Lawyers at our office in Bedford.
Premier Solicitors LLP is a Limited Liability Partnership registered in England & Wales, number OC319566.
Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisors.
Premier Solicitos LLP is authorised and regulated by the Solicitors' Regulation Authority (SRA) of England & Wales with SRA number 443806, and is bound by the rules found in the Solicitor€™s Code of Conduct, a copy of which can be viewed at http://www.sra.org.uk/handbook/
Premier Solicitors LLP uses the word €œpartner€ to refer to a director of the company or an employee or consultant with equivalent standing. A list of the directors is available for inspection at our registered office, Premier House, Lurke Street, Bedford MK40 3HU. A list of members of the Chartered Institute of Taxation and ICSA is available at our registered office.
Commissioners for Oaths.
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