Here at Stephensons, we provide a business debt recovery service that is simple, effective and fast. We have specifically developed our commercial debt recovery service to deal with invoice debts, which means that, when payment problems arise for your business, our team of debt recovery solicitors can focus on recovering your debts on a low cost, fixed fee basis.
What’s more, we guarantee to send a same-day letter before action if your instructions are sent to us before 4pm on a working day.
Our business debt recovery system operates on undisputed invoice debts, so our fixed fee service may not be apply to other types of commercial debt recovery, and does not include general advice on business debt recovery, or advice on your prospects of recovering your outstanding debts.
It is recommended that a credit/status check on your debtor is initially obtained, so as our debt recovery solicitors can ascertain whether it is a case worth pursuing. You can do this via a Companies House search or bankruptcy check.
If you need a commercial debt recovery service to help your business recover multiple debts, our debt collection solicitors can offer a free initial telephone consultation, and if necessary, a visit to your premises to discuss how our business debt recovery can work for your company. For volume business debt recovery instructions, we have a secure online service that allows you to monitor and report on any debt at your convenience.
We can provide commercial debt recovery services for a number of different clients and specialties:
- Asset based finance companies
- Invoice finance companies
- Debt recovery for unsecured lending
- Debt recovery for purchasers
There are four stages to commercial debt recovery, you can find out more about each stage by using the links below:
If you would like more information about Stephensons, or to find out more about our commercial debt recovery services, contact us today on 0844 243 5434, and a debt recovery solicitor will provide advice and assistance.