Debt Recovery
Debt recovery disputes and litigation
Cash flow is key to the success of any business. If you are not receiving payments on time, Farnfields Solicitors may be able to help you. Our specialist team will maximise your debt recovery AND keep costs down, with our fast and efficient service. It means that you can concentrate on running your business while we concentrate on recovering the payments that you are owed.
Debt recovery service
We offer a simple debt recovery service for un-disputed, simple debt recovery cases under the value of £10,000.00. At Farnfields, we have experience dealing with one-off cases, to multiple requests for assistance, for both small and large organisations and individuals. Our debt recovery service aims to keep things simple, to ensure the process is easy to follow and understand.
Our debt recovery service includes:
- Letters of claim – sometimes all it takes is a legal letter
- County Court claims
- County and High Court enforcement
- Charging orders
- Telephone debt recovery
- Tracing debtors
Our team has an excellent reputation for handling the situation professionally and effectively because we realise that a debtor may become a customer again in the future. At the same time, we will work hard to ensure that you receive the payments that you are due.
Our debt recovery service starts by sending a letter of claim, to a debtor. If a response is not received to this letter, we can continue to pursue the debt by issuing a claim on your behalf, under further agreed fees.
With Farnfields handling your debts for you, this frees up valuable time in your schedule to focus on running and maintaining your business. Furthermore, we will carry out this work cost-effectively and promptly.
We will continually update you on costs as your matter progresses and will always provide you with the best course of action to take.
If you would like to obtain any further information on our debt recovery service, please contact us or call us on 01747 825432.
High value/contested debts
If the debt is contested and the matter becomes litigated, or if the debt is over the value of £10,000.00, we have a team of knowledgeable lawyers within our Dispute Resolution Department who will be happy to assist you further. If the matter becomes litigated, we offer additional services, including:
- Mediation
- Advocacy
- County Court claims
- High Court claims
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