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HCR Law Events

Debt Recovery

Our specialist team has extensive experience in all aspects of the debt recovery process and we will help you to collect the money owed to you or your client.

We often act as an extension of your own finance or risk function and, whatever your circumstances, we will work closely with you to provide a service tailored to your individual requirements. This could include a no-nonsense robust approach to debt recovery litigation or a considered lighter touch, where necessary.

A dedicated and knowledgeable service

We work with lenders, insolvency practitioners, debt collection agencies, debt purchasers, fee-paying schools and a range of businesses and our dispute resolution solicitors  will help you at every stage of the process.

From the first pre-action letter through litigation, to enforcement and insolvency /bankruptcy  proceedings, we will support you with sound commercial advice.  We can help you with asset and defendant tracing, as well as ledger collect-outs, ensuring that we use the best recovery approach for each debt.

We can draw on the expertise of the wider firm, in banking, finance, insolvency or international law for example, to give you the expertise you need.

How can we help you?

Not just another number

Our partner-led skilled team will focus on understanding how you operate as a business so that you receive the right advice for you.

We structure our fees so that you are clear on the cost of the service you need. We will work on a fixed fee basis wherever possible for standard undefended pre-legal and legal action, but we’ll discuss the best options for you and your business; that could be a fixed fee basis, no-recovery no-fee option or a time spent basis.

Wherever possible, we look to recover some or all of the costs by applying interest and fixed charges to the debt in accordance with the Late Payment of Commercial Debts (Interest) Act 1998, or reasonable recovery costs in accordance with The Late Payment of Commercial Debts Regulations 2013. We will also discuss with you whether you have any contractual terms permitting the recovery of costs.

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