Debt Recovery
Recognised as a leader in this area by the Legal 500 Fosters has a specialist team dedicated to debt recovery.
Led by Gillian Scott, who has worked in the legal profession continuously since 1975, and joined Fosters at the end of 2005 to lead the debt recovery and enforcement team. She brings 25 years experience of this particular area of work and has been consistently recognised as a leader in her field by the Legal 500.
Fosters specialise in commercial recoveries throughout England and Wales, together with cross-border enforcement. We will either use the clients own contractual terms or the remedies available under the Late Payment of Commercial Debts (Interest) Act 1998 to maximise the recovery of interest and collection costs for her clients and will consider with them the options of:
- bringing a claim in the County Court or High Court;
- serving Statutory Demands under the Insolvency Act 1986 or the presentation of Bankruptcy or Liquidation Petitions;
- giving thought to the circumstances of each and every debtor on a case by case basis and making enquiries where necessary
- tracing absconded debtors
- using High Court Enforcement Officers effectively and
- advising upon alternative methods of enforcement if appropriate
We offer a pay as you go service so you are always in control of cost. The interest, fixed costs and collection costs can mean that clients recover enough to cover their costs. Experience tells us that the sooner you act by pursuing the outstanding debt, the better your chance of recovering full payment.
Frequently Asked Questions
The Debt Recovery Team
Solicitor
PA
Solicitor