Fully recovering a debt of £42,044 plus legal costs after serving a winding up petition on the debtor

Why the client needed our help

Our client wanted legal help recovering a debt of £42,044.

How we helped

The debtor refused to respond to the letter before action so we drafted a winding up petition without further delay. This was issued at court and served on the debtor company by our process server.

The outcome / significance to the client

Payment was received from the debtor in full within a few days.

We also obtained a contribution towards legal costs of £1,400.

Once the debt and costs were completely paid, the winding up petition was dismissed from court, our client’s money was safeguarded in full and the danger of a supporting creditor was avoided.