At Smalleys Solicitors, we understand the critical role effective debt recovery plays in maintaining strong cash flow and meeting strategic goals. Our sophisticated Debt Recovery Portal offers a fast, cost-effective solution for getting outstanding invoices paid. Users can manage everything from sending a Letter Before Action to handling more complex debt recovery matters through one streamlined system.

Our Services Include:

• Dispute resolution
• Recovering debts from insolvent debtors
• Pre-Action Protocol for Debt Recovery
• Transparent cost management

Common FAQs:

How Can I Recover an Unpaid Debt from an Insolvent Business?

Recovering money from an insolvent business can be challenging. Our experienced Insolvency Solicitors will help you recover as much of the outstanding debt as possible. For debts over £5,000 (individuals/sole traders) or £10,000 (companies), a Statutory Demand can be issued, proving the debtor’s insolvency. This should be done with professional advice to avoid costly disputes.

What Should I Do if the Debtor Disputes the Debt Owed?

Most commercial debts are undisputed, but if a debt is contested, contact our Dispute Resolution Solicitors. For undisputed debts, use the Debt-Claims Portal to create a letter of claim or issue court proceedings.

What Interest Can I Charge on Late Invoices?

Under the Late Payment of Commercial Debts (Interest) Act 1998, suppliers are entitled to at least 8% interest per year on overdue payments, plus a fixed sum of compensation and reasonable debt recovery costs. Statutory interest begins after a 30-day period if no payment date is agreed.

Why Choose Us?

We resolve most debt recovery cases outside of court, ensuring you understand all available options and receive expert advice to protect your interests. Our solicitors are trusted across Nottinghamshire and the UK for delivering results.

For more information or to start collecting your debts, contact us at via the Request a Callback form on this page or create an account on our debt recovery portal www.debt-claims.com today.

Smalleys Solicitors provides exceptional Debt Recovery and Civil Litigation services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.

To receive expert advice and representation regarding Debt Recovery and Civil Litigation, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.