Holmes & Hills Solicitors has a team of specialist debt recovery solicitors that specialise in recovering debts owed to businesses.
Our debt recovery service for undisputed debts includes:
Holmes & Hills' debt recovery solicitors achieve success by making persistent, formal legal approaches to your debtors, which cannot be ignored.
You can quickly reduce the amount of bad debts your business writes-off each year and improve cash-flow by minimising the amount of outstanding monies owed to it.
This is achieved by improving the effectiveness with which your business recovers monies owed to it by your customers and clients in the form of unpaid and overdue invoices.
"May I express my gratitude to the staff of Holmes & Hills for their speedy and efficient debt recovery service."
Mr Gardener, KempCo Ltd
Under the Late Payment of Commercial Debts (Interest) Act 1998 you are entitled to recover compensation from other businesses, due to their late payment of your invoices. This compensation is in addition to their repayment of the principal amount owed.
If we are successful in recovering compensation, it will go towards covering the cost of instructing Holmes & Hills debt recovery solicitors to recover the debt on your behalf. We will always seek to recover compensation from the debtor: however, this can only be recovered where the debtor is a business.
The amount you are entitled to recover is dependent on the amount owed and the number of outstanding debts. Your debt recovery solicitor at Holmes & Hills will advise you on seeking this compensation.
If you debtor claims that they do not owe the amount you are demanding, or they owe you a lesser amount, this will often be deemed a contractual dispute. We can still, however, offer you the specialist advice you need to recover your debt.
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