At Else Solicitors we act for a wide range of insolvency practitioners and have a real understanding of debt collection.
This gives us the expert knowledge required to offer a specialist ledger collections service.
We can help with single assigned debts through to large ledgers. Sometimes we are able to provide this service on a “no collections, no fee” basis to give our clients real added value.
If money is owed by companies in financial difficulty, or on the brink of insolvency, we work alongside our colleagues in the Else Solicitors’ specialist insolvency and business recovery team to look at possible restructuring and other business recovery options.
Managing Partner Chris Else is also able to offer a service for more difficult and complex matters on commercial fee structures which would suit either financially struggling entities, or insolvency practitioners with limited disposable resources.
Our approach at Else Solicitors is to make contact swiftly with the debtor to look at ways of settling out of court, such as a firm agreement for payment by instalment. We recognise that recovering money owed can be fundamental to the survival of some businesses, so we aim to provide practical, fast and cost-effective advice and services. We can look at small claim and fast track County Court recoveries where debts are undefended. We provide advice on personal guarantees and enforcement. We have experience of all insolvency processes including statutory demands, bankruptcy petitions and winding up petitions.
For more information on our ledger collections service, please contact the banking and finance team on 01283 526200, alternatively you can send us a message and we will get in touch at a time that suits you.