Large and Complex Debt Recovery
Sterling have a successful history of collecting large and complex debts quickly and cost effectively. We are often able to collect without the need for court action through successful negotiation with the debtor.
Where a debt is disputed we will discuss the details of the dispute with the debtor, examining the legalities of the case to either persuade the debtor that they will not be successful in court, or to negotiate a settlement if the dispute is valid.
Where there is no dispute and the debtor continues to withhold payment we will examine the debtor’s financial position to identify the best form of threat. For example this may be a charge against a property, bankruptcy petition, winding-up notice, criminal proceedings or application for the debtor or director to provide information under oath in court.
Where negotiation is unsuccessful we will discuss the most appropriate litigation and enforcement route with our client, explaining the relative risks, costs and chances of success.Sterling are very flexible regarding charges and are often able to agree fixed fees or performance-related fees.