Services
 

Credit Control & Debt Recovery

At ACUMEN BUSINESS LAW we recognise that cashflow is the lifeblood of any successful business. A robust attitude to credit control can help to increase overall profitability, reduce interest charges and borrowings and help the cashflow of your business

The strength and speciality of our Credit Control Department is in reducing the amount of bad debt for our client's businesses. It is astounding to see how many businesses who have large amounts of money owed to them, simply write off this hard-earned cash. 

As part of the Legal MOT we offer to businesses, we have developed a simple 5 step internal process that helps to substantially reduce the bad debt within a company. This, along with other simple yet effective tools, has proved very successful in helping clients to combat bad debt and improve their cashflow. 

When needed, the Credit Control Department at ACUMEN BUSINESS LAW can assist at all stages of the debt recovery process, from pre-action debt recovery through to court proceedings and enforcement.

For all undisputed debts, we can instigate fast and effective recovery action, designed to recover your money in the most efficient way possible, under our Fixed Fee Debt Recovery Service. As part of this service, each stage of the debt recovery process is charged at a fixed fee, from a pre-action demand for payment through to a request for judgment. In the unlikely event that your debtor still refuses to pay, we also offer a number of enforcement methods in order to give you the best prospects of recovering the money owed to you. 

Throughout all this, we consistently apply business acumen to ensure that all strategies deployed serve the commercial as well as legal needs of our client's business. We recognise that no two matters are the same and consequently take a stance that is tailored to each individual case. 

The services that we can offer include: 

  • Late Payment Demands and Letters Before Action 
  • Preparation, issue and service of court proceedings 
  • Management and pursuit of claims, including trial if required 
  • Requests for Default Judgment 
  • Applications for Summary Judgment 
  • Enforcement proceedings, including statutory demands
  • Pre-contract and Pre-litigation credit reports 
  • Bankruptcy and winding-up petitions 
  • Agency advocacy Credit recovery and Consumer Credit Act matters 
  • Mortgage - repossessions, arrears recovery, possessions sales 

All credit control relating to undisputed debts is carried out for a fixed fee. Should the matter be contested, the Commercial Dispute team is well equipped to deal with the relevant proceedings.

ACUMEN BUSINESS LAW - You'll be glad we're on your side!

 
What our clients say
"...we have used Acumen Business Law several times, not once have they failed to deliver the right result. Highly recommended."
Kevin Byrne | Checkatrade
"Its refreshing to have a new law firm on the scene which is challenging the more formal companies. I found Acumen very friendly, professional and thorough in my first dealings with them."
Nigel Pamplin | Prime Education
"...Acumen has proven to be an essential and trusted partner for the last 4 years. Through their advice, assistance and top quality work has consistently delivered excellent ROI..."
Robin Scott | Makemedia
"Tegen Ltd has used Penina’s services for a number of our businesses legal requirements. We thoroughly recommend the services and advice that she and her team provide."
Richard Smith | Tegen Ltd
"I have had need of Josh's and Acumen's services over the past couple of years, but fortunately I couldn't be in better hands. I couldn't give a stronger recommendation."
Jonathan Glendenning | Summer Rain Films Ltd
"I have used ACUMEN BUSINESS LAW on many occasions since switching to them. They’re a real breath of fresh air and they get the job done. I just wish I had come across them beforehand."
Joakim Roth | Light Foot LED
"We have used ACUMEN BUSINESS LAW and have been absolutely delighted with the level of understanding of our business that they have..."
Jon Clayson | Hunters Letting Limited
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