HomeCase studiesSMEs, directors & shareholdersCommercial LitigationRecouping the full value of a debt despite the debtor being wound up

Why the client needed our help

Our client, an invoice finance and factoring company, wanted legal help recovering a debt of £28,256 from a debtor in financial difficulty.

How we helped

The debtor refused to pay the amount demanded in our letter before action so we immediately drafted a winding up petition which was then issued at court and served on the debtor without delay.

The outcome

As the debtor was unable to pay the debt due, they were wound up and a liquidator was appointed. However, because the debt was credit covered, we were able to recoup its full value from the insurer.

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

Debt Recovery Manager

Rachel Watkins

Rachel Watkins

Associate

Anna Beetson

Anna Beetson

Paralegal

View full team

Case studies

View all case studies

Contact us in confidence