Business Debt Recovery

Helping you get what you are owed

Business Debt Recovery Solicitors, Glasgow

Good cashflow management is vital for businesses of all sizes. At Morgan Legal, we appreciate that chasing commercial debts can be a time-consuming, costly and ultimately frustrating experience that takes you away from the day-to-day running of your company.
If you are struggling to stay on top of unpaid commercial debts, we will act on your behalf to recover all sums, including any interest or other expenses you have incurred. Contact us today on 0141 258 4117 or complete our online enquiry form.

To discuss your circumstances and get the advice you need, get in touch today

Call 0141 258 4117

Or complete our online contact form and we will get back to you without delay

Recovery of Commercial Debts

Clients tend to instruct us in respect of commercial or business debts for one of two reasons. The first is because they have tried to invoice sums through their own credit control procedures without success, and wish to pursue a court action against the debtor. We will then act on their behalf to begin court proceedings to ensure the debt does not go unpaid.

The second scenario for the collection of business debts arises when the existence of the debt itself has been disputed. We will then undertake litigation on behalf of our client, first to have the debtor’s liability established before taking steps to ensure that the sums owed are repaid.

When you instruct Morgan Legal to recover your commercial debts, we will advise you on the prospect of success and the best way to go about recovering your debt. In many cases, a solicitor’s letter informing your debtor that litigation will be forthcoming may be sufficient to prompt payment. However, if further steps are necessary, we will initiate court proceedings or deploy demand procedures under the Insolvency Act 1986 to recover your debts.

Debt Recovery Enforcement

If court action is successful, a decree will be issued by the court. 
We can advise on the best way of enforcing the order to optimise recovery prospects, considering the nature of the debt and your debtor's circumstances. 
Ordinarily, enforcement will be initiated by instructing Sheriff Officers to serve a Charge for Payment, which will give your debtor 14 days to pay in full. 
If expiry of the Charge does not encourage payment we can then guide you through the further enforcement options which are available.

Specialist Debt Recovery Services for Businesses in Scotland

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Morgan Legal is a boutique legal firm serving clients throughout Scotland. We focus on business law, bringing over 30 years of experience to help resolve commercial disputes and recover outstanding debts as efficiently as possible. We are trusted by clients across all business sectors to provide prompt, professional and cost-effective legal advice. We can advise at to your options and the most effective means of proceeding.
We are experienced in recovering all types of commercial debts, including:

    Invoice recovery
    Loans
    Debts arising from contract disputes
    Debts arising from insolvency

Contact our Business Debt Recovery Lawyers in Glasgow, Scotland

For advice on recovering your debt, call Morgan Legal today 0141 258 4117 or fill in our online enquiry form.

Get in touch

Address

Regent House, 113 West Regent StreetGlasgow, G2 2RU

Call

0141 258 4117

Email

moc.ku.lagelnagrom%40ofni

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