Debt Recovery

Bad debts and late payment can have a significant impact on the cash-flow of your business, meaning a few outstanding debts from your distributors and customers can start to have a grave impact on your business operations.

Whether your business has a credit control department, or this function is dealt with by members of your Accounts Team, instructing a firm of debt recovery solicitors  to recover debts and unpaid invoices for your business can mean:

Holmes & Hills has a team of debt recovery solicitors that provides a fixed-fee service to businesses seeking to recover monies. Our debt recovery service boasts a 94% successful recovery rate and excellent feedback from clients, large and small. With our service there is no commission payable on amounts recovered.

With three distinct stages, Holmes & Hills’ debt recovery service enables you to decide from the outset exactly how much you wish to invest in recovering your debt. With over 97% of successful recoveries being made at Stage 1, the service is incredibly cost-efficient for your business.

May I express my gratitude to the staff of Holmes & Hills for their speedy and efficient debt recovery service."

By improving the effectiveness with which your business recovers monies owed to it, dramatic improvements in cash-flow can be achieved.

 

Download fixed-fee debt recovery service brochure >

 

Debt recovery service stages:

Holmes & Hills Solicitors Debt Recovery service is broken into three stages of escalating seriousness. There is a fixed-fee cost to have one of debt recovery lawyers implement each stage on your behalf. In 97% of cases where debts are recovered, this is achieved at Stage 1.

  • Stage 1: We will write to your debtor threatening County Court or insolvency proceedings and will chase this letter with a phone call threatening the same.
  • Stage 2: We will issuing a County Court claim or statutory demand against your debtor.
  • Stage 3: We will take enforcement action against your debtor.

Key features of Holmes & Hills’ debt recovery service include:

 

Download fixed-fee debt recovery service brochure >

 

Get advice and recover your money

Call us today on 01376 320456 (Essex) or 01787 275275 (Suffolk) to discuss recovering the money you are owed with one of our lawyers.

If your debtor claims that the money is not owed, or there is a dispute over how much money is owed Holmes & Hills team of debt recovery lawyers will be able to assist you but any service provided will not be under the fixed-fee service set out above. In such cases, you will be provided with specialist advice on how to resolve your specific dispute.


Get in touch

Key people

Angela Watson
Angela Watson

Debt Recovery Executive in Manufacturing Team
View profile
aw@holmes-hills.co.uk


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© Holmes & Hills LLP is a limited liability partnership registered in England & Wales under Registration Number OC352397.Registered Office Dale Chambers, Bocking End, Braintree, Essex CM7 9AJ. A list of partners' names is available at this address.

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