Are you owed money that you would like to collect?
If so, you can take legal action to recover it with our experienced solicitors. In certain situations, you can also recover your legal costs related to recovery proceedings.
At Taylor & Whitty Solicitors we know how debtors often try to avoid meeting their financial obligations. But we also understand cost-benefit economics. We have experience with the practice and procedure of debt recovery and enforcement processes, so we can help our creditor clients make practical decisions as to when they should enforce their claims and when they should write them off. We regularly assist clients in:
- Preparing, filing and serving the Claim documents
- Obtaining Judgement
- Enforcement when appropriate by Writ, Examination Summons or Garnishee Order
We also help clients interface with the Bankruptcy Trustees when it is necessary to prove a debt to secure whatever limited return may be possible when an individual debtor is adjudicated bankrupt or a corporate debtor is forced into receivership or liquidation.
We also help company directors avoid personal liability from insolvent trading if the company is struggling. We are also experienced in helping our clients restructure debt to avoid bankruptcy or liquidation if they want to save the business.