Neil O’Callaghan
Dispute Resolution, Commercial Litigation, Debt Collection
Luton Office
Debt Collection
Recovering unpaid debts can be problematic and time consuming for your business. Machins has provided specialist debt recovery services to small and large organisations for over 40 years.
Talk to one of our friendly and experienced team on 01582 514000
We help clients across all stages of the debt recovery process from letters before action, payment monitoring and tracing absent debtors and enforcement. We are clear about cost and will provide you with the right guidance to get the result you want.
Specialist debt recovery services
We can provide a broad range of debt recovery services, such as:-
- Collection advice
- Letters before action
- Computerised issuing
- Payment monitoring
- Enforcing
- Tracing absent debtors
Our Debt Collection Team
Get in touch with us
Our experienced solicitors are on hand to give you advice and assistance.
Call our team on 01582 514000 or Contact Us and we'll get back to you as soon as we can.
Related news & events
Late payments threaten future of thousands of small businesses
The late payment problem is getting worse and is now threatening to destroy thousands of small businesses, according to a survey carried out by the Federation of Small Businesses (FSB). The study of more than 1,200 business owners found that one in three businesses (30%) have seen late payment of invoices increase over the last
Debt Collection news
Late payments threaten future of thousands of small businesses
The late payment problem is getting worse and is now threatening to destroy thousands of small businesses, according to a survey carried out by the Federation of Small Businesses (FSB). The study of more than 1,200 business owners found that one in three businesses (30%) have seen late payment of invoices increase over the last
Creditors taking court action could spark surge in insolvencies
A rise in the number of creditors taking court action to recover debts has led to fears of a surge in insolvencies in the New Year. There were 21,764 County Court Judgments lodged against companies in the three months to the end of September – a rise of 51% on the previous quarter. Between July
More than 1,400 firms close as insolvency figures soar
More than 1,400 firms ceased trading in September as insolvency figures reached their highest level since March 2020. Finance experts fear there is worse to come as the furlough scheme and other government support for businesses come to an end. Some of the smaller energy suppliers were among the 1,446 companies to go bust in
Insolvencies hit highest level since first Covid lockdown
The number of company insolvencies has risen to the highest level since the first Covid lockdown more than a year ago. The latest figures from the Insolvency Service show that in August, corporate insolvencies had increased by 71.1% compared to August 2020’s figure of 788. There was also a large monthly increase of 22.9% to
Related Resources (View more resources)
Debt Collection
Cash is King – Collection of outstanding invoices during Covid-19(pdf – 607.76 KB)
With Covid-19 restrictions in place, many businesses are reporting a drag on their invoice payments and their debtor days are increasing. Read our latest article addressing the issues around debt collection in the manufacturing sector.
General
Business Services(pdf – 300.36 KB)
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