Commercial Debt Recovery Solicitors

At Mounteney Solicitors, we offer a wide range of Commercial Debt Recovery Services depending on your circumstances. We have trained solicitors who are knowledgeable in all areas of Commercial Debt Recovery who are on hand to help you reach the most optimal outcome. The services which we offer include:

Company Statutory Demand:

We can assist you in producing a company statutory demand, which is a formal request for payment owed by a company. If your business is owed a substantial sum by another company, we can assist you in issuing a company statutory demand, which will push the debtor company to settle the debt within a specific timeframe. This demand serves as a powerful tool to demonstrate your seriousness in recovering the debt and can lead to prompt payment.

In the event that you require legal assistance with sending this formal letter to request the money owed to you, our company statutory demand solicitors are available to provide the necessary support. With their specialised knowledge and experience, they can offer you the guidance and representation needed to ensure a successful resolution to your debt recovery process.

Draft Petition:

When a company fails to meet the requirements of a company statutory demand and settle its outstanding debt, the next step involves initiating formal legal proceedings. Our experienced draft petition solicitors can assist in preparing a detailed petition to wind up the debtor company. This legal action is a serious step that can compel the company to satisfy the debt owed or face the possibility of being liquidated. This process entails a thorough legal assessment and can have significant implications for the company in question.

Winding Up Petition:

A Winding Up Petition is a significant legal step used to initiate the compulsory liquidation of a company as a result of outstanding debts. This formal notice is submitted to the court and requires careful attention to legal intricacies. Our team of skilled winding up petition solicitors specialises in guiding clients through the demanding process of filing a Winding Up Petition. We ensure that all necessary legal protocols are adhered to, and we prioritise safeguarding the interests of our clients every step of the way.