Understanding debt recovery
Unpaid debt can mean big things for business cashflow, can weaken the foundations of even the most stable business and tear down longstanding relationships you’ve worked so hard to forge. Regardless of whether an unpaid debt is within or outside of a debtor’s control, it can have devastating outcomes for a creditor if it is not addressed swiftly. When the going gets tough it’s often everyone for themselves, meaning anything from legal notices and action, company wind-ups and the requirement of swift defence on behalf of the debtor. Whether you’re a creditor in financial distress or a debtor being pursued for outstanding debt, you’ll need quick, efficient and strategic legal support.