Debt Recovery
DEBT RECOVERY SOLICITORS LEEDS
What is debt recovery law?
Debt recovery law involves pursuing claims relating to money owed to businesses or individuals.
Leeds solicitors realise how important it is for businesses to recover unpaid debts, particularly during the current financial climate. Unpaid debts can affect your profit margins and cash flow which are integral to your business if it is to remain healthy.
The role of a solicitor should not be underestimated when recovering debts. They are able to deliver excellent results if recruited before debtors appear on the scene as they can draft specific binding terms of agreement ensuring fewer debts become bad debts.
In order to swiftly recover debts from debtors Leeds solicitors work alongside your credit control teams to build close relationships with them to understand your business aims in a wider commercial environment and to gain a full understanding of your business terms and conditions.
We can also support your service by offering training and assistance in debt recovery procedures and advice on effective recovery strategies.
Basic principles
The main debt recovery actions range from the initial pre-action collection request to County Court proceedings and petitioning for the winding up of a business owing debts. We also defend actions from those claiming debts against you where you consider the debt is not properly owed.
Why us?
Leeds solicitors offer comprehensive advice which is swiftly delivered using cost-effective methods for corporate clients and individuals.
We are a professional team which focus solely on debt recovery. We offer advice on all aspects of debt recovery on a one off or continuous basis.
For contentious claims, we can offer expert assistance using our experienced Commercial Disputes Organisation.
We make sure our department’s clients are constantly updated on progress made on their individual case. A technologically advanced system lies at the heart of our innovation and success, enabling us to track and manage your instructions quickly and efficiently. We always seek to recover your debt as soon as possible. We advise on the best methods of recovery while taking into consideration associated costs to ensure we work on a cost-sensitive basis at all times.
We design tailor made recovery solutions to suit your commercial objectives. We follow your claim from the beginning through to enforcement provided all costs communicated to you in advance for a fixed amount.
If you require further information then please do contact us.