Debt Recovery

Debt recovery is one of the least loved tasks of most business owners.

But to maintain a healthy cashflow it is vital that your invoices are paid promptly. If you are struggling to get a person or business to pay you, or a debt you are owned is being disputed, we can help.

Our Debt Recovery Solicitors are committed to achieving results. We know how important it is to resolve any debt recovery disputes quickly and cost-effectively. Our team has the expertise to find solutions that achieve positive results and, if possible, protect commercial relationships. We can also assist you with using alternative dispute resolution methods, such as mediation to recover your debt. However, if court proceedings are required, you can trust that we prepare your case meticulously and guide you expertly through the debt recovery process.

Our ultimate goal is to take care of the matter for you, so you can get on with running and growing your business.

Why choose Nayyars Solicitors

We are a family-owned and operated firm that puts client care and relationships at the heart of everything we do. When you instruct us, you will be assigned your own Solicitor who will get to know everything about your situation and ensure you receive consistent and seamless support every step of the way.

Our team has won multiple awards for legal excellence. We have offices in Manchester, London, and Dubai. This shows how dedicated we are to our clients and providing exceptional legal services both in the UK and internationally.

Ayesha Nayyar is our founding partner. She has over 20 years of experience, and regularly authors articles for numerous publications and blogs. She also has her own live call-in show on the local radio and has appeared in and co-presented various prestigious TV productions, including those produced by the BBC.

To find out more about how we can advise and support you through your divorce, please call us on 0333 123 1331 or fill in our contact form, and we will get back to you as soon as possible.

What sets us apart:

Frequently Asked Questions

Can I charge interest on late payments?

The Late Payment of Commercial Debts (Interest) Act 1998 (Late Payment Act 1998) allows suppliers to add at least 8% a year interest on overdue payments for goods or services, plus a fixed sum for the administrative costs of recovering the debt.

Under the Late Payment Act 1998, you are entitled to:

Statutory interest of at least 8% above the Bank of England base rate for any late payment.
Add a fixed sum in addition to the interest on the debt. The amount is fixed by reference to how much money is owed.

If there is no agreed payment date, you can add interest after a 30-day period.

What is a Letter of Claim?

If you have an outstanding debt you can send a Letter of Claim This informs the debtor that there is a debt that must be paid by a certain date, and if they fail to respond to the letter within the timeframe set out, you may file court proceedings.

In an overwhelming majority of cases the debtor to pay their outstanding invoice after receiving a Letter of Claim.

The Letter of Claim process is governed by the Pre-Action Protocol for Debt Claims. The Protocol sets out the required steps both parties must undertake before issuing court proceedings. Failure to comply with these steps can result in the Court applying sanctions, for example, ordering the non-complying party to pay a greater portion of the court costs.

Can I take a debtor to court?

If you do not receive payment following the Letter of Claim, you will need to decide whether you wish to proceed with filing proceedings in court. If you choose to do so, the debtor will be served with documents will have 14 days with which to respond.

Is there a time limit for bringing a court claim for a debt?

You must bring court proceedings within six years of the date of the invoice unless the time limit has been reset by the debtor accepting that they owe you money.

Should I use the Small Claims track?

If the outstanding debt is worth £10,000 or less, it will be assigned to the small claims track, which is quicker and cheaper than bringing a claim in the County Court. The downside of the small claims track is it is difficult to reclaim your legal costs.

Get expert legal help

Let us advise and represent you on your debt recovery dispute. You can trust that we will always be on your side, protecting your best interests. We understand how frustrating it is when someone does not pay an invoice. We will do everything we can to help you recover your debt. We can also advise you on risk management measures you can put in place to minimise you risk of late or non-payers.

Contact us on 0333 123 1331 or fill in our contact form and we will get back to you as quickly as possible.

Your Legal Team

Debt Recovery

Debt recovery is one of the least loved tasks of most business owners.

Why choose Nayyars Solicitors

What sets us apart:

Award-Winning Expertise

Personalised Service

Transparency and Trust

Collaboration with Top Experts

Client-Centric Approach

Frequently Asked Questions

Ask a Question?

At Nayyars, we specialise in several key areas of law including:

Your Legal Team

Ayesha Nayyar

Director & Principal Solicitor

Adrian Mills

Lead Case Handler - Personal Injury Department

Carolyn Allcroft

Head Of Accounts

Juwad Nayyar

Director & Commercial Development Strategist

Maria Khaliq

Lead Solicitor - Civil Litigation Department

Raja Eisa

Head Of Clinical Negligence

Sue Chauhan

Head Of New Enquiries

Book a free 30-minute consultation

Success Stories

Testimonials

What Our clients say about us!

Latest News & Articles

Request a Free Callback

All Locations