DEBT RECOVERY

At Gildeas we understand the debt recovery process extremely well. We really mean it when we say "We want to recover your debts almost as much as you do", as indeed depending on how you choose to instruct us, we may not get paid anything unless we do recover your debt.

Debt recovery is one of the most popular services that we offer to our clients.

Historically the problem with Solicitors undertaking debt recovery was that it was handled manually and became time consuming and laborious. The legal aspects of debt recovery are often repetitive and necessitate taking action in accordance with a strict time table. It is also quite a tedious form of litigation which often results in debt collection work being given a low priority by Solicitors.

Our computerised debt collection department overcomes these problems by ensuring that the work is undertaken at the earliest opportunity, thus giving debt recovery work the priority it requires if it is to be completed effectively.

At every stage of the process we keep you up to date. We can produce detailed financial management reports at the touch of a button, which can be posted, faxed or emailed to you as often as you require.

At Gildeas we act for commercial clients of different sizes, ranging from national daily newspapers at the one end of the scale to the local bouncy hire castle company at the other.

We can assist with:

• Bankruptcy of individuals
  
• Winding up proceedings against limited companies
  
• Issuing & serving Statutory Demands
  
• Tracing of Debtors
  
• Enforcement of Judgments
  
• Issuing & serving Court proceedings.
  
• Sending letters before action.

If you would like further details of our service, please download the debt recovery brochure which explains in more detail how our systems operate. Alternatively, contact a member of our debt recovery team.