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Recovering debts owed to your company is time consuming yet essential for the healthy cash flow of your business. There are always the ‘can’t pay’ or ‘won’t pay’ customers and at Beetenson & Gibbon we can take on the chasing of these debts using a variety of methods from early warnings through to the pursuing of claims through the County or High Court.
Our approach :
1. We write to the debtor as often a solicitor’s letter has the desired effect.
2. We telephone the debtor and try and negotiate payment terms that will be acceptable to you.
3. If the above approaches do not succeed then Court action will be taken in the County or High Court depending on the size of the debt.
4. Once Judgment has been obtained, we adopt a wide range of enforcement actions to recover your monies and our costs.
Such methods include oral examination of the debtor in Court to ascertain the whereabouts of assets, bailiffs to seize the debtor’s goods, garnishee proceedings to seize money from the debtor's bank accounts, Attachment of Earnings Order against salary, personal bankruptcy and winding up proceedings against Companies.
Whether you are a large or small business, Beetenson & Gibbon's Debt Collection department can recover monies owed to you with speed and efficiency.
If you have money owed to your business and would like advice on how recover this debt contact our Debt Recovery team Call Grimsby on 01472 240 251, Louth on 01507 600 610 or Scunthorpe on 01724 847 888.