HomeCase studiesSMEs, directors & shareholdersDebt recoveryAchieving full recovery of debt and costs using a winding up petition

Why the client needed our help

Our client, an invoice finance and factoring company, wanted legal help recovering a debt of £9,275.

How we helped

Immediately after the debtor refused to pay the amount demanded in our letter before action, we drafted a winding up petition against them, issued it at court and served it on them.

The outcome / significance to the client

Payment was received from the debtor in full. As part of the overall settlement, we also ensured that a significant contribution was made to our client’s legal costs.

Once the debt and costs were paid, the winding up petition was dismissed from court and our client’s money safeguarded in full.

Extremely thorough, professional and speedy, and the fees were much more reasonable than the competition. Highly recommended.

A private client we assisted with issuing a winding-up petition to recover debts

Key contacts

Shona Houghton

Shona Houghton

Senior Associate

Anna Beetson

Anna Beetson

Solicitor

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