Our Debt Recovery specialists have in-depth knowledge across a range of sectors.
Being paid on time is essential to your business. Taking control of your debts minimises their impact and having effective ways to improve cash flow secures your business confidence and plans for growth.
We work together with our clients on the recovery of “business to business” unsecured debt, guarantee and indemnity claims, or a range of property issues including rent arrears and service charges.
Our team of legal experts use innovative ways to recover debts with support from market-leading case management. They can provide reporting information designed to your needs, ensuring a transparent, efficient debt recovery process. Across both transactional work and more complex litigation, clients recommend us for our approachability, range of options, service excellence and significant cost reductions.
To find out more about Debt Recovery, please contact our Debt Recovery Team today using our Contact Us form.
Service charge and ground rent
It is vital for the efficient running of your property management company that charges are paid in full and on time.
When payments are outstanding and arrears accumulate, you need to act quickly to ensure a speedy recovery. Management companies can find themselves under huge pressure from creditors if they have not received the arrears from the tenants in order to pay them. Ground rent and service charge arrears can build up fast and before you know it, property management can suffer.
When you need urgent assistance, our property recovery specialists act quickly and decisively to help reduce your arrears ledger, or provide valued advice and guidance upon the options in cases of an inability to pay.
We will ensure recoveries are made promptly to avoid cash flow issues and help keep the company running properly.
Can The Debtor Pay ?
Assessing whether the debtor is a “won’t pay” or a “can’t pay” customer is essential to the success of legal proceedings.
We have access to a number of specialists who can provide “pre-sue” assessments or debtor profiling” reports to guide you on the commercial risks of a particular defendant.
Getting judgment is the first stage of the process. We understand that getting paid is the objective. We provide unrivalled expertise and an efficient approach to recovering your debt.
We offer a Free Credit Check
This is available to all our clients to assist in enhancing cash flow and maximising recoveries, let our professional and experienced debt recovery specialists help you to use the right strategy for your business to improve credit control techniques, your approach to chasing debt and ensuring that your employees understand the importance of cash collection.
We are required by the Solicitors Regulation Authority to publish certain pricing information. Please contact us for an accurate fee proposal based on your particular facts and circumstances.
Debt Recovery Team
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Latest News and Insights
A break clause in a lease allows a Landlord or Tenant to terminate the lease early subject to complying with various conditions in the clause.
Some believe entering into a pre-nuptial agreements before marriage kills the romance. There are advantages to pre-nups specifically for South Asian couples.
Parental Alienation is where a child expresses hostile feelings, unwarranted fear or disrespect towards a parent following a separation.
If the debt is not commercial rent arrears, the emergency ban on issuing Winding Up Petitions will end on 30 September 2021.
The Government intends to gradually return the Notice periods that must be given to residential Tenants to pre-pandemic time scales.
This podcast will be looking at the practical difficulties caused by COVID emergency restrictions in using the Court process to remove tenants from rented property, as well as discussing the key questions Landlords should be asking themselves now that some of those restrictions are being lifted.
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Award winning legal advice
We are solicitors in Camberley, Wokingham and London. In 2019, Herrington Carmichael won ‘Property Law Firm of the Year’ at the Thames Valley Business Magazines Property Awards, ‘Best Medium Sized Business’ at the Surrey Heath Business Awards and we were named IR Global’s ‘Member of the Year’. We are ranked as a Leading Firm 2022 by Legal 500 and Alistair McArthur is ranked in Chambers 2021.