Background

Debt Recovery & Insolvency

Legal advice for Debt Recovery & Insolvency in business

Our team of specialist solicitors understand that unpaid debts need to be pursued as quickly and expeditiously as is possible.

We aim to ensure the best outcome for our clients, by understanding the personal intricacies of each matter and by offering them straightforward, reasoned advice. We ensure the appointment of the appropriate level of solicitor for the matter, and they in turn will provide clear, strategic advice, so that informed decisions can be made. All of this is imperative to ensure that these matters can be pursued with the minimum of interference to you/your business and you recover what you are owed as soon as is possible.

Experience

The department acts on behalf of companies, partnerships and individuals offering a bespoke service which is appropriate taking into consideration the circumstances and the desires of the client. We pursue the matter through the pre-action procedure (ensuring where required each stage is complied with), the commencement of court proceedings and the obtaining of a Judgment. We also utilise our extensive expertise in providing you with recommendations and advice as to the most effective method of enforcing a Judgement if payment is not made.

We act on behalf of debtors negotiating repayment options and, where required providing guidance as to the insolvency/bankruptcy options. We appreciate that such matters can be a sensitive and difficult situations to navigate, and this is why our team offer efficiently exceptional consultation, recommendations and referrals as can be appropriate.

We strive to explore all legal options with each of our clients in great depth in a friendly, approachable, cohesive yet tactical way.

All of the fee earners within the Dispute Resolution Department are fully qualified solicitors. The solicitors have varying levels of experience and a combined experience of more than 50 plus years’ conducting claims of this nature. We work proactively as a team to progress a claim, pooling our knowledge and experience to pursue the best possible outcome for our clients.

We utilise our years of knowledge of the court systems and the Civil Procedure Rules to offer clear pragmatic advice to the options available, and to provide recommendations as to how best to deal with the situation in an efficient and economic manner.

How we work

We will meet with you to take instructions in relation to all of the issues and provide you with a pragmatic plan to resolve the issues that you have effectively. We will provide you with advice and guide you through the process using our expert knowledge to the systems and procedures available.

Why choose Hunt & Coombs Debt Recovery & Insolvency?

We provide a personal service so you will know who will be conducting your matter from start to finish and you will know how to contact them.

We have many years’ of experience in dealing with claims of this nature and will use that experience to your benefit by pursuing your matter as economically and expeditiously as possible.

Contact us

To request further advice from the Corporate Commercial team or to book an appointment in our Peterborough, Oundle or Huntingdon office, please call 01733 882800, email [email protected] or contact us via our enquiry form.

Dispute Resolution (Business) Lawyers

Rebecca Beynon-Phillips LLB (Hons)

Partner - Team Leader Dispute Resolution

Meera Khunti LLM

Solicitor

Dylan Walsh

Dylan Walsh LLB (Hons)

Trainee Solicitor

Debt Recovery & Insolvency FAQs

There is usually nothing wrong in either party trying to engage in informal discussions prior to the instruction of legal representatives. That being said, seeking legal advice as early as possible is a sensible step to ensure that you fully understand what you are legally entitled to under the terms of any agreement (verbal or written) against which payment is being sought. In addition, a solicitor demand often encourage payment of the debt.

The Civil Procedure Rules has a Practice Direction setting out the requirements and what must be considered before a formal court action is issued against another party. Those requirements will differ depending on whether the debt is between individuals or businesses. We start by sending a Letter before Action to the debtor and often that results in payment. If settlement cannot be achieved pre-action, a court claim will be necessary. A Judgment may be entered against the debtor and various enforcement options can be considered including bailiffs, a charging order or serving a statutory demand.

In the majority of cases, a creditor will have six years under the Limitation Act 1980 to commence proceedings against the debtor for an unpaid debt. The limitation period will run from the date of the cause of action (usually, the date the debt became due). If a claim is not brought within this period, it will become statute-barred and can no longer be pursued through the civil courts.

View more FAQs

Testimonials

"Always answer both calls and emails speedily which makes a big change from other lawyers I have used. Rebecca Beynon-Phillips who handled our particularly difficult case was very efficient and her knowledge of the law in this instance was outstanding."


'We have dealt now with partner Helen Townsend for a few years. She always gives time to understand our case and respond swiftly and efficiently, summarising exactly our stance on particular matters.'


"Attention to the clients need and the thorough way they go through every detail with the client to ensure you know what is happening on a regular basis."


Related News & Insight

What does it mean for my business if we receive a statutory demand?

Our dispute resolution partner, Rebecca Beynon-Phillips discusses what it means if your business receives a statutory demand, and how to deal with it effectively

Common mistakes in debt recovery

Our dispute resolution solicitors discuss common mistakes and alternative dispute solutions which can help you recover debt.

Key time limits for debt recovery claims

Make sure you take legal advice early Every business will experience…

Read more

Key contact

Rebecca Beynon-Phillips LLB (Hons)

Partner - Team Leader Dispute Resolution

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Hunt & Coombs LLP is a Limited Liability Partnership registered in England and Wales, Registration no. OC320243, VAT no. 120013160. Hunt & Coombs LLP is authorised and regulated by the Solicitors Regulation Authority with Registration no. 443035. A list of members is available at Westpoint, Lynch Wood, Peterborough, PE2 6FZ.

Our indemnity insurer: HDI Global Specialty SE of 20 Gracechurch Street, London EC3V 0BG (Lead insurer), American International Group UK Limited & Starr International (Europe) Limited.

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