Debt Recovery Solicitors

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If you are in business and are owed money for goods or services, you can find a commercial debt recovery solicitor in your area on our website. (more...)

Commercial debt recovery options

If you have an unpaid trade debt, there are a number of options you can take to recover the money you are owed. These include:

  • Write-off the debt - A business always has the option to write-off the sum which is owed to it. It may choose to do so in situations where, for example, the cost of recovering the debt outweighs the amount which is owed, or perhaps where the overall commercial relationship between the business and the debtor company is more valuable to it than the recovery of the particular debt.
  • Informal negotiations - Pursuing a negotiated settlement has the potential to be both more cost and time efficient for the business than a more formal litigation.
  • Mediation - Mediation is a more formal method of negotiated settlement than the negotiated dialogue described above, but it is a step short of pursuing the debt through a formal litigation in court. Mediation requires a third party to assist the parties in their work towards a negotiated settlement within a formal, but flexible, and confidential framework.
  • Statutory demand - A statutory demand is a written notice in a prescribed form demanding payment of a debt owed by a company to one of its creditors.
  • Court proceedings - Before taking court proceedings, it will be expected that the pursuing company has first attempted other means of settling the dispute with the debtor company and considered alternative methods of remedying the dispute, such as recovering the goods or services which are the subject of the debtor settlement through mediation.

Using Solicitors Guru

We have selected the best debt recovery solicitors in your area. Clients who have instructed a particular firm have the opportunity to leave a review describing the service they received from the practice.

To find a solicitor to help you collect a personal debt, start searching through Solicitors Guru today.

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Nigel Weller & Co Languages: English Address: 15 Market Street, Lewes, East Sussex, BN7 2NB, England Tel: 01273 487123 No reviews yet
Action In The Community Trust - Speakeasy Advice Centre Languages: French, Punjabi, Urdu Address: 166 Richmond Road, Cardiff, Cardiff, CF24 3BX, Wales Tel: 029 2045 3111 No reviews yet
Bhailok Fielding Languages: English, Gujarati, Hindi, Punjabi Address: Clayton Hall, Harris Park, 253 Garstang Road, Sharoe Green, Lancashire, PR2 9AB, England Tel: 01772 719 999 No reviews yet
Community Links Trust Languages: British Sign Language, English Address: 105 Barking Road, London, Greater London, E16 4HQ, England Tel: 020 7473 2270 No reviews yet
The Jones Partnership Languages: English Address: St Marys Chambers, 87 High Street, Mold/Yr Wyddgrug, Flintshire, CH7 1BQ, Wales Tel: 01352 753388 No reviews yet
Citizens Advice Bureau Languages: English, Gujarati, Hindi, Nigerian, Punjabi, Urdu, Yoruba Address: Swan Building, 20 Swan Street, Manchester, Greater Manchester, M4 5JW, England Tel: 0161 834 9057 No reviews yet
Pluck Andrew & Co (Incorporating Hibbert Pownall & Newton) Languages: English, French Address: 6-16a Norfolk Street, Hyde, Greater Manchester, SK14 1NB, England Tel: 0161 368 6311 No reviews yet
P W Moody Languages: English, French, Spanish Address: 25 Station Road, Barnet, Greater London, EN5 1PH, England Tel: 020 8440 1443 No reviews yet
Kirbys Solicitors Languages: English Address: The Stephenson, Prestwick Park, Ponteland, Northumberland, NE20 9SJ, England Tel: 01661 867 010 No reviews yet
Malcolm Butler & Co Languages: English Address: 7 Copper Tree Court, Loose, Kent, ME15 9RW, England Tel: 01622749596 No reviews yet
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