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.
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