HomeCase studiesSMEs, directors & shareholdersDebt recoveryServing a winding up petition to achieve payment of a debt plus legal costs

Why the client needed our help

Our client, an invoice finance and factoring company wanted legal help recovering a debt of £9,726 from a debtor in financial difficulty.

How we helped

The debtor refused to pay the amount demanded in the letter before action.

A winding up petition was immediately drafted, issued at court and served on the debtor without delay.

The outcome / significance to the client

A settlement was reached with the debtor of £6,000, including legal costs. This was due to a partial dispute on some of the invoices.

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

Debt Recovery Manager

Rachel Watkins

Rachel Watkins

Associate

Anna Beetson

Anna Beetson

Paralegal

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