Commercial Debt Recovery

Debt Recovery Service – Commercial

A key part of any successful business is knowing how to manage debtors. If used with expertise the court system can be an effective tool for minimising the adverse effects that unmanaged debts can have on a business’s cash flow.

rhw have a team dedicated to commercial debt recovery to assist you.

What we will claim for you

We will claim on your behalf the unpaid debt, plus costs, late payment compensation and interest where possible.

Our fee structure

We have customised a fee structure to provide you with certainty. Our fees are a fixed percentage of any payment accepted from the debtor

Other expenses you are liable for

If you decide to commence court proceedings, you will be required to pay any expenses (known as disbursements) in the claim as they arise.  These disbursements include court fees and enforcement officer fees.

The Procedure

Stage 1: Letter of Claim

We will submit the Letter of Claim to the Debtor.

Stage 2: Commencing Court Proceedings

Following the Letter of Claim if you do not accept payment from the Debtor we will commence court proceedings on your behalf.

Stage 3: Judgment

We will request Judgment if the Debtor fails to defend the claim in response to the commencement of proceedings.

Stage 4: Enforcement

If the Debtor fails to pay the Judgment we will instruct an enforcement officer to seize assets from the Debtor, in satisfaction of the amount owed.

Disputed Claims

If at any time the Debtor contests the claim, then without obligation you can either withdraw your instructions or you can instruct us to continue to pursue the claim.  All time spent by us from this stage onwards would be charged in accordance with our hourly rates instead of the fee structure (we can provide on request), and as requested you will be advised as to whether your claim enjoys reasonable prospects of success in light of the dispute raised by the Debtor.

Next Steps

If you would like to instruct us or discuss this service further, please contact our Commercial Debt Recovery Team (Dan and Darryn) on 01483 302 000 or email guildford@rhw.co.uk

Meet the Corporate Team

Nick Richardson

Member Partner
01483 540 550

Brian Shacklady

Partner
01483 540 533

Tariq Mubarak

Partner
01483 540 540

Jack Lightburn

Solicitor
01483 540 538

Alice Ryder

Trainee Solicitor
01483 302 000

Articles & Updates