Debt Recovery & Credit Control
Bad debts can affect cashflow, drain resources and impede business efficiency. Every business should have effective cashflow procedures in place. Outstanding invoices can be a company's biggest "asset". Turning this asset into cash is essential to enable a business to progress.
We recognise that a busy company may not have the time or resource to pursue bad debts but we do. We also have the expertise and can do this efficiently and cost effectively. Many businesses, big and small, outsource their debt recovery to specialist solicitors. A debt recovery letter from a solicitor is more likely to force prompt payment and avoid litigation. Our involvement should allow the business relationship between you and your customer to continue.
Instructing us to deal with your debt recovery means that you can get on with the running of your business, safe in the knowledge that bad debts are being pursued and monies collected.
We run debt recovery claims from Letters Before Action, through County or High Court legal proceedings (or by the service of winding up petitions ) through to judgment and enforcement.
We are located within minutes of the Royal Courts of Justice and within easy reach of the inner London County Courts.
Our Commercial Litigation Department has the expertise and instructing us promptly to recover your debts should regularise cash flow and improve your bottom line.
To discuss our debt recovery services, contact our Commercial Litigation Department on 020 7420 7020 or enquiry@sethlovis.co.uk.