Debt Recovery

Molesworths Bright Clegg offers full debt collection services to all clients, be they commercial or private.

For routine debt collection, especially where there is likely to be a regular stream of such work, we offer a fixed fee Debt Recovery Scheme.

More complicated cases which do not lend themselves to the Debt Recovery Scheme will be handled on a “made to measure”, time-spent basis.

All debt collection, be it routine or more complicated, is handled by our experienced Litigation Lawyers, and usually begins with a letter of claim sent to the debtor. If further action becomes necessary, we will implement all appropriate legal remedies available to you to recover your money.

As Solicitors, we have an advantage over simple debt collection agencies in that we have experience of acting for both debtors and creditors, and therefore are fully aware of what debtors are and are not allowed to do.

We also recover debts and enforce County and High Court judgements by way of insolvency proceedings (bankruptcy or winding up).

There are some important points to note in all debt recovery cases:

• Does the debtor have the means to pay? If not, whilst you may get a County Court judgement against them, this may be effectively unenforceable and may only serve to increase the money outstanding.
• Does the debtor have a valid reason for non-payment? If they do then you may lose the claim, wasting time and money and incurring costs payable to the other side.