Debt Recovery

EXPERIENCE

Our Debt Recovery Team has a high success rate for collecting debts. The team has over 40 years experience in dealing with debts using the various collection tools from Letters before Claim to representing clients at the County Court, High Court and in Insolvency Proceedings.

We understand the importance of cash flow to your business. We are more than just debt collectors. We also offer a debt management service. This includes advice on how to identify and protect yourself against bad payers, how to maximise your potential for recovery, and how best to pursue any debtors.

Our team understand that in order to successfully recover a debt you have to be quick, decisive and cost effective. We act for both small and large companies and through the maximum use of I.T. we ensure that our fees stay as competitive as possible and that service levels remain constantly high.

Our charges

Our Pre-Litigation Service can be undertaken on a ‘no recovery, no fee’ basis. Letters before Action and County Court cases (pre and post judgment) are charged at fixed fees - there will be no hidden charges. Any work outside the fixed fee structure, e.g defended cases or extended negotiations will be charged on an hourly rate which you will be told up front.

MAIN SERVICES

• Court Proceedings for Debt Recovery , Return of Goods and all types of Possession cases
• Credit Control Consultancy
• Full range of Enforcement Procedures
• Individual and Corporate Insolvency Actions
• Letters before Action
• Pre-Litigation Service

Insolvency

There are many different types of Insolvency. Not all of them result in the end of the bankruptcy of a Company or bankruptcy of the individual. The crucial point with insolvency matters is for the client to seek professional advice an early a stage as possible whether that be from a Solicitor or Licensed Insolvency Practitioner.

EXPERIENCE

We work with many Insolvency Practitioners both large and small, as well as representing companies and individuals with financial difficulties.

We advise at the outset on the prospects of recovery for a business or individual and the time frame and costs involved in achieving the client’s goal. The law of Insolvency can seem like a maze to the client and it is often the case of offering practical advice and solutions that the client can relate to and which will really work in either saving a business or ensuring that it is brought to an end in the correct way to ensure no personal liability on the part of its Directors.

With individual clients facing personal bankruptcy the problems are often more acute and real for that person. At Lowless Commercial I will ensure that the client is aware of all the options at the outset to plan their financial rescue whatever that client’s objectives may be to achieve that in the shortest time possible with the minimum of fuss and expense.

We have acted for private companies, partnerships, individuals and insolvency practitioners in pursuing or defending insolvency proceedings and advising upon all aspects and nature of insolvency matters from winding up Petitions in Bankruptcy through to advising upon debt security, book debt and property realisation and the reservation of title claims.

MAIN SERVICES:

• Administration
• Receivership
• Liquidation
• Voluntary Arrangements
• Bankruptcy Proceedings
• Book Debt and Asset Recovery
• Property Sale/Realisation
• Title Disputes
• Directors’ Personal Liability and Disqualification