Commercial Debt Recovery

We offer smart debt recovery services to clients which are cost effective and work around your timeline.

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Commercial Debt Recovery: Enforcement & Recovery
Services

Our Commercial Debt Recovery Fees | Commercial Debt Recovery FAQs

At Freeman Harris, we understand how stressful it can be dealing with debtors who are not
paying your business what they owe. Whether you need assistance in recovering a small business
debt or if you have outstanding large sums of money owed to you, our experienced and
knowledgeable team of solicitors can assist in debt recovery and enforcement services.

Commercial debt recovery is the process of pursuing unpaid invoices owed by businesses. A
third party known as a collection agency will operate on behalf of the creditors in order to
retrieve what is owed by the debtor, they will often seek a percentage of the amount owed as
payment.

How can Freeman Harris help you enforce a commercial debt?

Our team at Freeman Harris will work with you closely to understand the full extent of your case
and meet all of the necessary legal obligations including:

Carrying out the early debt collection proceeding such as tracing debtors, collecting debts
by phone and sending letters before action.
Representation and advice with court proceedings both in County Court and High Court
depending on the magnitude of debt owed.
Ensure the debtor is served with relevant court documents.
Work alongside enforcement officers to ensure high court debt recovery.

What is the debt recovery process?

Debt recovery is a multi- faceted service that must be handled delicately in order for it to be
successful, the basics of this process include:

Sending a ‘letter before action’ to notify the debtor of what is about to happen.
If a satisfactory response is not given, a claim will then be entered on the creditor’s behalf
into court.
A country court judgement will be issued which confirms that the debtor has not fulfilled
their payment. This judgement will allow you to take enforcement action to collect the
debt.
Once the judgement has been obtained, the debt can then be collected.

Our solicitors are highly experienced in all aspects of debt recovery and can act quickly to ensure
you are not out of pocket. We have a proven track record for success, so don’t hesitate to contact
us if your business is owed money and needs assistance.

We understand that the debt recovery process can be overwhelming by we are here to help you.

If you would like to discuss our debt recovery service, please contact us using the form above, by emailing contact@freemanharris.co.uk or by calling 0207 790 7311. We come up with a bespoke debt recovery strategy for each and every client.

Contract Team

Ian Freeman

Ian has a great understanding of contract drafting especially for commercial purposes, and can assist SME’s with their legal needs.

Abdul Hafezi

Abdul carries out a broad range of legal work which includes resolving breaches of contract.

Talha Fazlani

Talha has been working with commercial matters for a number of years overlooking commercial breach of contracts, and resolving them accordingly.

What our clients say?

I would recommend Freeman Harris solicitor to anyone. I was very happy in the way I was dealt with. The solicitor that handle my case was professional and efficient, she always put my mind at ease under difficult circumstance.

Blake R

Commercial Debt Recovery Questions

How long can you chase a commercial debt for?

In England and Wales, the time limit for chasing a commercial debt is six years from the initial
payment due date. After this time, it is not possible to obtain a county court judgement or seek
enforcement from high court.

What is Bad commercial debt?

Bad commercial debt is defined as receivable accounts that are unlikely to be paid back to you.
This is usually treated as a loss, however using our solicitor led recovery service means it may be
possible for us to recover this money, or chase outstanding invoices before they become bad
debt.

What are examples of commercial debts?

Commercial debt can consist of more than just unpaid invoices, it can also include:

Unpaid taxes or fines,
Unpaid credit lines or loans,
Unpaid insurance premiums and many more.

Our solicitors can help you establish if you are owed commercial debts.

Are all commercial debts worth pursuing?

Sometimes the expenses and energy used to recover the debt may not be worth pursuing,
depending on the amount owed. However, this is a risky decision as it could set a precedent for
future clients. It is always important to investigate and understand why you have not been paid.

If you are unsure if your commercial debt is worth pursuing, our solicitors are always at hand to
answer your questions.