Debt Recovery

Find out more about our services:

At Greyfriars Solicitors, we are specialists in recovering unpaid and overdue commercial debts. When there are more financial constraints on your business, you want to be able to recover the costs of the work or services, and maintain good cash flow. Credit control is a crucial element of your business. We can help you manage that.

Unlike other solicitors, we offer a personal response to your debt recovery questions and queries. We will keep you informed personally as to how your case is progressing at each stage and take appropriate instructions from you to suit each and every outstanding debt. After all, not every debt can be recovered in the same way. This allows payment problems being resolved as quickly as possible.

By providing a bespoke service to you, you will achieve your goal of recovering outstanding invoices and debts as efficiently and quickly as possible.

For Companies with volume debt recovery, we offer free initial face to face advice and if required a visit to your premises to discuss how we can help your company.

Same day guarantee

Once we receive your instructions, providing to us all the necessary information with regard to the debt, we guarantee to act on your instructions for Letters before Action, Claims or Writs of Execution the same day if you instruct us by 12 noon on normal working days

How do we help?

You can choose from one of the following methods to start recovering a debt

ü Letters Before Action

ü Late Payment Demands

ü Statutory Demands

A Letter before Action usually achieves a swift payment from a debtor but, of course, results do depend upon other factors, such as the previous methods of collection you have employed, the credit standing of the company, how old the debt is, and the industry involved.

We will take your instructions at each stage.

What do we do?

Write a solicitors' letter before action, demanding full payment in 7 days, including a claim for payment for interest if applicable.

If payment is not received start legal proceedings to recover your money if the debtor has not paid within 7 days.

If the claim remains undisputed, obtain Judgement and take all necessary steps to enforce it.