Commercial Debt Recovery
We understand the challenges that unpaid debts can pose to your company's financial health and overall success. Our team of experienced legal professionals is dedicated to helping you recover outstanding debts efficiently and effectively.
Our strategic approach and personalised solutions ensure that we maximise recovery while upholding your company's reputation.
At Enoch Evans, our team of specialist litigation solicitors in Sutton Coldfield, Cannock, and Walsall have a wealth of combined expertise and experience in a diverse range of matters. This is supported by our inclusion and ranking in the independent client guide, The Legal 500.
Contact us today to schedule a consultation and learn how our commercial debt recovery services can benefit your business. Let us help you navigate the complexities of debt collection and recover what is rightfully yours
Commercial Debt Recovery Experts
Our team of experts in Walsall, Sutton Coldfield and Cannock possess a wealth of experience in the field of commercial debt recovery. We have successfully assisted numerous businesses in recouping outstanding debts, helping them navigate complex legal processes with ease and confidence.
When you choose our law firm for your commercial debt recovery needs, you can rest assured that you are in capable hands. Our team is well-versed in the intricacies of debt collection laws and regulations.
Our office locations allow us to support local businesses, as well as those further afield working with clients throughout the UK
With a focus on transparency and communication, we keep our clients informed at every step of the debt recovery process. We understand that every situation is unique, which is why we tailor our approach to meet your specific needs and goals.
Whether you are dealing with one outstanding debt or a portfolio of outstanding debts, our team has the expertise to handle your case with professionalism and dedication.
With our experience in the field of commercial debt recovery, we are committed to delivering results that exceed expectations highlighting our ability to secure favourable outcomes for our clients in a timely manner. In conclusion, when you partner with Enoch Evans for your commercial debt recovery needs, you can trust that you are working with a team of experts situated in various locations in the West Midlands who are dedicated to protecting your interests and helping you achieve financial stability. Contact us today to learn more about how we can assist you in recovering your commercial debts and moving forward with confidence
The Stages of the Process
Stage 1 - Threatening a claim
Letter of Engagement to be sent confirming your instructions
Letter Before Action (“LBA”) to be sent to the Debtor
Stage 2 - Issuing Proceedings
If we have received no response to the LBA, we will begin preparation of Stage 2 on the next working day after the expiry of the deadline contained within it, unless we hear from you to the contrary.
Preparation of Court papers, sending drafts to you for approval: in anticipation of issuing Court Proceedings
Stage 3- Response
If the Debtor makes no response to the Claim though the Court: We will enter Judgment in default
If the Debtor disputes the claim: Should the debt be disputed, we will then contact you to explain what the next steps are and any additional costs
If the Debtor admits the claim or makes proposals for repayment: If we are instructed to enter into negotiations with the Debtor on your behalf at any stage, or in the event of an instalment payment plan being accepted by you or ordered by the Court, we will discuss with you the steps you would like us to follow and the likely costs
Stage 4- Enforcing the Judgment
Enforcement action
County Court Bailiff – preparation of warrant of execution, issuing warrant of execution and liaising with Bailiff.
High Court Enforcement officer – preparation of writ of control, issuing writ and liaising with officer
To see the full breakdown of costs please click here
Commercial Litigation & Dispute Resolution Services
- Contractual Disputes
- Property Disputes
- Building and Construction Disputes
- Personal and Business Insolvency
- Professional Negligence
- Partnership Director or Shareholder Disputes
- Debt Recovery