Debt Recovery

Comprehensive Debt Recovery services focused on business-to-business (B2B) debts.

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Simplifying Complexity

Acting for creditors in recovering debts and debtors in defending claims and bankruptcy or winding up petitions, our commercial team provides pragmatic and effective advice to our clients to guide them and seek to find a succesful resolution.

Pre-Legal Collections

Our pre-legal collections service aims to recover debts without the need for formal legal action. We employ a variety of strategies, including sending demand letters and negotiating payment plans, to encourage debtors to settle their accounts promptly.

Legal Proceedings

When pre-legal collections are unsuccessful, we can initiate formal legal proceedings to recover your debts. Our team will guide you through the process, from issuing a claim to obtaining a judgment and enforcing it. We handle all aspects of litigation, ensuring that your case is presented effectively.

Enforcement of Judgments

Securing a judgment is only the first step in the debt recovery process. Ai Law provides comprehensive enforcement services to ensure that you receive the money you are owed. We can assist with a variety of enforcement methods, including:

  • Writs of Control: Empowering enforcement agents to seize and sell debtor assets.
  • Charging Orders: Securing the debt against the debtor’s property.
  • Third-Party Debt Orders: Freezing debtor funds held by third parties.
  • Attachment of Earnings Orders: Deducting payments directly from the debtor’s salary.

Insolvency Proceedings

In cases where the debtor is unable or unwilling to pay, we can assist with insolvency proceedings. This may involve issuing a statutory demand or petitioning for the debtor’s bankruptcy (for individuals) or winding up (for companies). Our team will advise you on the best course of action based on your specific circumstances.

Dispute Resolution

Not all debt recovery matters are straightforward. Disputes may arise regarding the validity or amount of the debt. At Ai Law, we offer expert dispute resolution services to help you resolve these issues efficiently and effectively, whether through negotiation, mediation, or arbitration.

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