Personal Law > Civil Dispute Resolution > Debt Recovery and Financial Disputes

Debt Recovery and Financial Disputes

Unpaid debts and financial disputes can place significant pressure on individuals and businesses alike.

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Our Dispute Resolution team provides practical, commercially focused advice to help you resolve matters efficiently and protect your position.

Whether you are seeking to recover money owed to you or dealing with a claim against you, early, clear advice can make a substantial difference to the outcome.

When should you seek advice?

It is important not to delay when dealing with unpaid debts or financial disputes.

Early action can often prevent matters from escalating and increase the likelihood of recovery. Delay, on the other hand, can result in debts becoming harder to recover, particularly if the debtor’s financial position deteriorates.

You may wish to seek advice if payment has not been made despite reminders, a debt is being disputed, you have received a formal demand or claim, or there are concerns about a party’s ability to pay.

Even where the position appears straightforward, taking the right steps early on can avoid unnecessary cost and complication.

Financial disputes

Not all matters are straightforward debt claims. Financial disputes can arise in a wide range of circumstances, including contractual disagreements, disputed invoices, and breakdowns in financial arrangements.

These disputes often require careful analysis of the underlying agreement, the conduct of the parties, and the available evidence.

Our role is to identify the key issues quickly and provide clear advice on your options and the likely outcomes.

How we can help

We take a structured and pragmatic approach, tailored to the nature of the dispute and the outcome you are seeking.

In straightforward cases, this may begin with a formal letter of claim setting out the debt and seeking payment within a defined timeframe. If the matter cannot be resolved, court proceedings can be issued to obtain judgment.

Once judgment has been secured, we advise on the most effective enforcement options, which may include instructing enforcement agents, applying for a charging order, or seeking an attachment of earnings, depending on the circumstances.

Where a debt is disputed, the focus shifts to assessing the merits of the claim and responding strategically. Many disputes can be resolved through negotiation or settlement discussions, but where necessary, we are experienced in pursuing or defending claims through the courts.

Throughout, our focus is on achieving a proportionate and commercially sensible outcome, taking into account the value of the claim and the costs involved.

A practical and efficient approach

We understand that clients want results, not unnecessary delay or complexity.

Our approach is to deal with matters proactively, keep you informed at every stage, and work towards a resolution that is both effective and cost-conscious.

Speak to our Dispute Resolution team

If you are owed money or involved in a financial dispute, we can help you understand your position and the options available to you.

Our Costs

If you would like to see our costs Debt recovery fees Click Here

TESTIMONIAL

"Grace was a pleasure to deal with in what was a tricky time to navigate. She answered my questions clearly and always made it easy to understand the legal side. I asked lots of questions and she was always happy to help in a clear and concise manner"

Gemma

Frequently Asked Questions

Debt recovery is the process of recovering money owed to you by a person or a company under a contract, loan, invoice or other financial arrangement. Debt recovery may be required if that person or company fails to settle monies owed to you by an agreed or prescribed date. Debt recovery is governed by the Civil Procedure Rules (CPR) and care must be given to ensure compliance with the Pre-Action Protocol for Debt Claims.
A County Court Judgment is often referred to as a CCJ. A CCJ is an order of the Court issued following a decision made as to whether money is owed. The CCJ will state how much money is owed, whether there is interest payable, when the debt should be paid and who it should be paid to. It may also state if it is to be paid in installments. A CCJ will be added to a public database and may affect a debtor’s ability to loan money, or their credit rating.
If a creditor is successful in obtaining a CCJ against a debtor, they have up to 6 years to enforce the judgment against the debtor.
There are several different methods of enforcing a CCJ against a debtor and this will largely depend upon the assets of the debtor. A creditor could enforce a CCJ by instructing court bailiffs to enforce the judgment, or they may wish to instruct a private enforcement agency to collect the debt. Other methods include charging orders against property owned by the debtor, freezing orders or attachment of earnings orders. We advise that you seek independent advice on enforcement of a CCJ to understand the methods in greater detail.
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