Are you owed money? Our robust system for debt recovery gets you your money and it doesn’t need to cost you a penny. We offer flexible fee arrangements depending on your requirements and our connection with the County’s best Insolvency Practitioners will ensure that your position is best protected if the worst happens and your debtor becomes insolvent. Our tenacious debt recovery experts strive to ensure that you not only secure a judgement, you also get your money back.
With BTMK, when you need debt recovery and enforcement assistance you’ll find expert legal support tailored for your circumstances. Whether you are a creditor seeking to recover what is owed, or you’re facing enforcement action, we can help. Our specialist team provides clear guidance and decisive action.
Debt recovery is the process of pursuing unpaid amounts. It typically starts with demand letters, negotiation then, if required, court claims.
Debt recovery enforcement comes into play once a court judgment exists. If we obtain a judgement our team can then ask the court for orders such as a warrant of control, attachment of earnings, charging orders or third-party debt orders.
The process differs depending on whether you are a creditor or debtor. If you’re creditor, we assess the debt and the debtor’s financial position. If you’re a debtor, we discuss your rights and possible defences. In every case it’s vital to act quickly.
Prompt action improves your chances of recovery. Once invoices or loans go unpaid, the longer you wait the harder it can be to trace assets or enforce a judgement. For example, the limitation period for simple contract debts in England & Wales is generally six years from the date payment was due.
Early engagement also helps manage costs and preserve the value of any assets. Ignoring unpaid debts or delaying may reduce your chances of recovery chances and increase loss.
When you choose BTMK solicitors, we start by reviewing your case to decide the best route.
Once a judgment is in place, our specialists are there to advise on and pursue enforcement methods such as:
The strategy we employ depends on your specific circumstances. But whatever the course of action, we’ll be there every step of the way to support you.
From the moment you instruct us we will work to establish your position clearly and efficiently. We’ll start by reviewing the debt, the debtor’s background and the relevant facts, then explain the likely courses of action and probable outcomes. Once we agree a strategy, we handle the work for you supporting you every step of the way. We keep you informed at every stage – from the sending of a formal demand through to any court action and enforcement procedure. If a judgment is obtained, we will advise on and implement the right enforcement options for your case. This includes possible bailiff action, charging orders or attachment of earnings.
BTMK’s specialist litigators know debt recovery and enforcement inside out. And we understand that debt recovery is distracting and can be stressful.
Our team brings years of experience working with both individuals and businesses, and we draw on proven strategies tailored to your specific situation. There’s not a one-size-fits-all approach. Our team at BTMK build a bespoke plan for your case, taking account of the size of the debt, the likely assets and what enforcement options might succeed.
If you are owed money or facing enforcement action, we’ll review your situation and recommend steps to get you the best possible outcome. Contact us for a free initial consultation.
Costs vary depending on debt size, complexity and debtor’s status. We will discuss this at the outset.
It depends on whether you already hold a judgment and whether the debtor has traceable assets. Some enforcement actions may take weeks, others months.
If the debtor has no assets or income, recovery may be limited. We will assess all possibilities and advise on realistic recovery.
International debts add complexity, and we will advise on jurisdictions and cross-border enforcement options.
Once a judgment is granted you can initiate enforcement steps such as bailiff action, attachment of earnings, charging orders or third-party debt orders. We will advise you on the right action based on your circumstances.
