Commercial Debt Recovery

Effective commercial debt recovery services are essential for all businesses. We build lasting relationships with our clients and offer practical and realistic options with a focus on cost efficient solutions which maximise commercial debt recovery

Our solicitors provide commercial debt recovery from the early-stage engagement phase through to enforcement using legal procedures where necessary. Our approach is to help our clients avoid surprises through pre claim reviews and agreed claim strategies.

Our team is:

Approachable

We adopt a no-nonsense approach to our advice. Our commercial debt recovery service is reliable and our clients benefit from our direct style. Our Solicitors will use inclusive language in our advice and will ensure that we understand your objectives and your business so that we can work with you seamlessly and un-obtrusively to resolve your commercial debt recovery problems.

Responsive

We understand the hassle of chasing debt and are here to remove the pressure of unpaid debt. We are responsive and our clients receive good levels of communication together with clear guidance and advice.

Professional

We take pride in our work and our expertise. Our clients have access to a qualified Solicitor with over 18 years’ experience, and we provide a full commercial debt recovery service from pre-litigation work through to managing trials, and everything in-between. We identify opportunities for negotiation and are pro-active in concluding claims in a fair and reasonable manner.

We use our knowledge to help our clients select the most appropriate cases for legal action, based on economic factors and the strength of their position. This allows our clients to predict recoveries and costs more accurately.

Effective

We make use of technology to deliver not only an excellent commercial debt recovery service but to provide added benefits which improve our operational capability.

To find out more about our commercial debt recovery services and the sectors we cover, please contact our team with any specific questions.

Recommended in The Legal 500 2025 UK Guide

‘Praised by clients for providing ‘excellent, clear’ advice, Trethowans LLP operates across the whole debt recovery cycle, and demonstrates proficiency in volume residential repossession work. The team is noted for its expertise in the telecommunications sector, and is led by Elizabeth Ryall in Southampton, who is a key contact for clients seeking advice on managing debt claims. Mark Osgood is particularly adept at handling insolvency disputes, acting for a broad array of insolvency stakeholders and professionals.’

Frequently Asked Questions

  • Commercial debt recovery refers to the process of collecting unpaid debts between businesses, often involving businesses who owe money for services or products provided. Our commercial debt recovery solicitors can assist clients by negotiating settlements, sending a letter before action, drafting and issuing claims or applying to the court. A professional approach to commercial debt recovery ensures the process adheres to legal requirements and protects the business relationship where possible.

  • B2B debt recovery, or business-to-business debt recovery, involves collecting unpaid debts between two commercial entities. Typically B2B debt recovery will include preparing and sending a letter before action, drafting and issuing claims, applying to the court and recovering debts following judgement. This process requires specific legal knowledge to ensure the recovery respects both the terms of the contract and adhering to the law.

  • Consumer debt refers to debts incurred by individuals, typically for personal expenses like loans, credit cards, household purchases, rent and mortgage payments. Commercial debt, on the other hand, is debt between businesses, often due to unpaid invoices for products or services. Different regulations apply, and we will tailor our approach to suit the debtor type, whether consumer or commercial.

  • Companies generally have six years from the date of the debt to take legal action for recovery. However, specific contract terms may affect this timeline, and certain actions, like partial payments, can reset the timeframe. Consulting debt recovery solicitors will ensure timely recovery within the statutory period.

     

     

  • The 6-year rule allows creditors to take debt recovery action within six years from the date of the last payment or written acknowledgment of the debt. After this time, the debt becomes statute-barred, meaning legal action is generally no longer possible to enforce repayment. However, legal advice can still be sought. This rule applies to both consumer and commercial debts.

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