We recognise how important it is for your business to collect unpaid debts as quickly and efficiently as possible and our team specialises in recovering commercial debts.
Simcocks usually deals with debts exceeding £20,000 but please contact us to discuss your requirements.
The team operate within our Litigation & Dispute Resolution department and our debt recovery service includes advice on:
- Chasing of debts and pre-action negotiations;
- Statutory demands to threaten winding up;
- Issue and service of court proceedings;
- Recognition and enforcement of foreign or UK judgments;
- Judgment and execution;
- Bankruptcy or winding up petitions;
- Tracing and asset recovery.
We have a special interest in cross-border enforcement. Head of Litigation, Chris Brooks, wrote the Isle of Man chapter of ‘Enforcement of Foreign Judgments’ published by Kluwer Law. If you have an international judgment to enforce in the Isle of Man or wish to enforce a Manx judgment overseas please get in touch with Chris.