Debt Recovery

Debt Recovery services

Debt Recovery

When a company or an individual owes you money, we can help to collect the debt. Whether your business is small or large, any delay in receipt of payments due is unwelcome. We act as debt recovery solicitors for a wide range of clients and work with them to find the best possible solution to their problems. The procedures we recommend are cost effective and appropriate assuming that we maximise the recovery for you.

How we work with our clients

We partner with out clients to help them achieve their long-term goals, put simply we will:

  • Help identify your objectives
  • Find the best way for you to achieve them
  • Keep you informed at all times

Protecting Your Client Relationships

We understand that sometimes recovering debt from your clients need to be done sensitively and discretely. An aggressive stance can sometimes make the situation more difficult and lead to difficult client relationship in the future.

If you’re in a situation where your client simply can’t pay the money they owe, or you have a dispute with a valuable or profitable client, we’ll help you protect your relationship and reach a successful outcome based on your goals.

Types of Debt

  • Private Individual debt
  • Business debt
  • Contract debt
  • Breach of Hire Purchase Agreements
  • Unfair Loan Charges

Our Team offers Three Levels of Services

  • A no-win, no -fee services (for undisputed debts)
  • A fixed fee service (for undisputed debts) 
  • Bespoke service charged at hourly rates on a time spent basis, for disputed or more complex matter.

These services typically relate to the value of the debt, though you are free to choose whichever service you prefer.

The four Stages of UK Debt Recovery

  • Letter Before Action
  • Issuing a Court Claim
  • County Court Judgment (CCJ)
  • Enforcement of CCJ

How our debt recovery solicitors can help you

Our services range from high-volume, pre-legal debt collection to every aspect of litigation and insolvency action. We regularly advise on:

  • Pre-legal collection – including lettering, telephone debt collection, and trace and collect
  • Legal collection – including County Court proceedings, mediation services, defended legal actions, enforcement, negotiation, and advocacy
  • Payment agreements – including installment monitoring, chasing defaults, and regular installment assessments
  • Insolvency action – including bankruptcy, winding up, advice on debtor’s petitions, Individual Voluntary Agreements (IVAs), Company Voluntary Agreements (CVAs), and post insolvency trustee liaison
  • General debt recovery advice – including Pre-Action Protocol for Debt Claims compliance, process review, credit control, and credit management advice
  • Our fees can be found here

General Debt Recovery Advice

We can assist with:

  • Preparation of proceedings
  • Issuing a Letter Before Action (LBA)
  • Recovering debt through a County Court Judgement (CCJ)
  • Dispute resolution / mediation
  • Judgement / enforcement ( Writs / warrants of control / execution / Enforcement Agents / Charging Order Attachments of earnings / Third Party debt order)
  • Bankruptcy / Insolvency / Statutory demands

Contact Taj Mughal Solicitors for your Debt Recovery immediately at 01782 914161 or email us at info@tmlsolicitors.co.uk.

LOCAL TEAM. WORLD CLASS RESULTS.

Visit Us

  • Taj Mughal Solicitors
    39A Uttoxeter Road
  • Stoke On Trent, ST3 1NY
  • Office: 01782 914161
    Fax Number: 01782 363593
    Email: info@tmlsolicitors.co.uk

OPENING HOURS

  • Monday - Friday:
  • 9:00AM - 5:00PM

Please note the information provided on this website is designed to provide you with an overview of the legal services we provide. Although care is taken to ensure that the information on the website is accurate and up to date, we do not accept any responsibility for mistakes or omissions. The information found on our website does not constitute, nor claims to be, a comprehensive review of the applicable law. If you would like professional assurances that our information and your interpretation of it is correct we recommend you consult a lawyer should legal advice be required. Taj Mughal Solicitors is a trading name of Taj Mughal Limited, Registered in England & Wales, Company No: 09077206. Taj Mughal Solicitors is authorised and regulated by the Solicitors Regulation Authority (SRA registration number 614511). The rules of conduct are set out at www.sra.org.uk.