Debt Recovery Solicitors | Setfords

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Debt Recovery Solicitors

Trying to recover debt from a business or individual who owes you money can be frustrating, time consuming, and difficult. Not to mention, it can affect your cash flow and the running of your business in general. If you are in this situation, hiring a debt recovery solicitor can help you recover the debt faster and more efficiently.

At Setfords, we offer a range of debt recovery services, either with or without going to court, so you can get your business back on track and be paid what you are owed.

Find out more about how our debt recovery lawyers can help you below.

Debt Recovery Solicitors Specialisms

How exactly can our debt recovery lawyers help you and your business? Check out some of our main specialisms:

  • Pre-litigation collections

    Pre-litigation collections

    If you wish to pursue debt collection without going to court, our debt recovery solicitors can utilise several methods to attempt pre-litigation collections. 

    In some cases, we may be able to offer a ‘no collect, no fee’ service for undisputed debts.

  • Letters before action

    Letters before action

    Depending on your requirements, we offer several different types of letters before action. 

    These are notices sent to the debtor to let them know that you, the creditor, are planning on taking legal action against them.

  • County Court action

    County Court action

    Setfords’ debt recovery lawyers can assist you in issuing County Court proceedings to recover your debt. 

    A County Court judgement should then be placed on the debtor, which confirms that they owe you the debt, have defaulted on payment, and you have the power to take enforcement action to recover it.

  • Enforcement of judgements

    Enforcement of judgements

    If you need legal assistance for enforcing judgements, we can help. 

    For example, we can assist with the instruction of High Court enforcement officers, County Court bailiffs, charging orders, attachment of earnings, and more. 

  • Insolvency proceedings

    Insolvency proceedings

    Insolvency proceedings are the proceedings undertaken when a debtor is not able to pay a creditor what they are owed. 

    Our debt recovery solicitors can assist you with this process, including statutory demands, bankruptcy, and winding-up proceedings. 

  • Disputed and defended actions

    Disputed and defended actions

    If a debtor is disputing your claim, we have an experienced litigation team on hand to handle and advise on your disputed and defended claims.

  • Service charge arrears

    Service charge arrears

    If you’re pursuing service charge arrears, we can offer a tailored collections service for their recovery. 

Pre-litigation collections

If you wish to pursue debt collection without going to court, our debt recovery solicitors can utilise several methods to attempt pre-litigation collections. 

In some cases, we may be able to offer a ‘no collect, no fee’ service for undisputed debts.

Letters before action

Depending on your requirements, we offer several different types of letters before action. 

These are notices sent to the debtor to let them know that you, the creditor, are planning on taking legal action against them.

County Court action

Setfords’ debt recovery lawyers can assist you in issuing County Court proceedings to recover your debt. 

A County Court judgement should then be placed on the debtor, which confirms that they owe you the debt, have defaulted on payment, and you have the power to take enforcement action to recover it.

Enforcement of judgements

If you need legal assistance for enforcing judgements, we can help. 

For example, we can assist with the instruction of High Court enforcement officers, County Court bailiffs, charging orders, attachment of earnings, and more. 

Insolvency proceedings

Insolvency proceedings are the proceedings undertaken when a debtor is not able to pay a creditor what they are owed. 

Our debt recovery solicitors can assist you with this process, including statutory demands, bankruptcy, and winding-up proceedings. 

Disputed and defended actions

If a debtor is disputing your claim, we have an experienced litigation team on hand to handle and advise on your disputed and defended claims.

Service charge arrears

If you’re pursuing service charge arrears, we can offer a tailored collections service for their recovery. 

Setfords’ Approach to Debt Recovery

For those seeking debt recovery lawyers who are proactive, efficient, and will listen to your needs, Setfords is here for you. You’ll get personalised attention and solutions from dedicated experts who know this area inside out, and we never pass work onto unqualified juniors, ensuring you get high-quality legal advice every time.

Contact our debt recovery solicitors today for tailored advice from seasoned professionals.

Personal and Commercial Debt Recovery Solicitors

Debt Recovery FAQs

  • What is a debt recovery solicitor?

    A debt recovery solicitor is a lawyer who specialises in assisting clients with the process of recovering outstanding debts. Setfords’ debt recovery solicitors provide the legal advice and services you need when looking to collect unpaid debts from debtors.

  • When should I hire a debt recovery solicitor?

    Are you facing difficulties when collecting debts owed to you or your business? If so, now might be a good time to take on the services of a commercial debt recovery solicitor. We can help you navigate the legal procedures and enforce your rights to recover the outstanding amounts owed to you.

  • Is it always necessary to go to court for debt recovery?

    No, you won’t always need to take court action to recover your debts. Our debt recovery solicitors can employ various strategies to reach a settlement before court, such as negotiation and alternative dispute resolution methods. 

    However, if all of these attempts fail, initiating legal proceedings and getting a court judgement may be what you need to enforce repayment of the debt.

  • Are there any time limits for pursuing debt recovery?

    Yes, unfortunately there are legal time limits, known as the statute of limitations. The time limit varies depending on the type of debt you’re pursuing and the jurisdiction. 

    It’s important to consult with a debt recovery solicitor as soon as possible to ensure that you start proceedings to recover the debt within the time limit.

  • Can a debt recovery solicitor assist with both personal and business debts?

    Yes, our debt recovery solicitors can assist you with both personal and business debts. Whether you are an individual owed money by another person or a business looking to recover unpaid invoices or loans, an expert personal and business debt recovery solicitor can help you with the necessary legal guidance and representation.

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Speak to a Debt Recovery Solicitor on 0330 173 4694

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