Why the client needed our help
Our client, a well-known invoice finance company, wanted helping pressuring a debtor to pay a £23,701 debt.
How we helped
The debtor refused to respond to a letter before action and so the decision was taken to issue and serve a winding up petition on them.
The outcome
The petition was served but it soon became clear that the debtor was in financial difficulty and, in fact, already insolvent. The winding up petition was withdrawn and the official receiver deposit recovered for our client. A liquidator was appointed to investigate the company.
I have had a decade long relationship with FWJ and have instructed them on a wide variety of claims, both litigation and insolvency based. I enjoy working with them as they listen to what I need and their advice is always commercial and astute. I have also been deeply impressed by their continued commitment to using technology to assist in the recoveries process. Their interactive case management system is particularly impressive delivering quick, accurate solutions together with very helpful case reporting.
Risk Director Aldermore bank