Debt & Asset Recovery

DEBT & ASSET RECOVERY

At BTMK, we specialise in providing comprehensive commercial debt asset and recovery services tailored to meet the needs of businesses and insolvency practitioners. 

Our team of seasoned legal professionals are adept at navigating the complexities of commercial law to ensure that our clients can recover their debts and assets efficiently and effectively.

Our Expertise in Commercial Asset and Debt Recovery

We act for clients and insolvency practitioners in relation to the recovery of assets and debts, forming an integral part of an insolvent estate.

Our experience spans various industries and types of recoveries, ensuring that we can handle even the most challenging cases. 

For example, we have successfully recovered interests in over twenty residential properties in Liverpool and other general book debts, all for the benefit of creditors, demonstrating our ability to manage large-scale and complex recovery processes.

Comprehensive Recovery Services

Our services encompass the entire spectrum of debt and asset recovery:

Debt Recovery

• Pursuing Unpaid Invoices and Debts: We actively pursue unpaid invoices and outstanding debts, utilising both pre-legal action and legal proceedings to recover funds.

• Negotiating Settlements and Payment Plans: Our team is skilled in negotiating settlements and structuring payment plans that are acceptable to all parties involved, aiming to resolve disputes without resorting to court action.

• Initiating Legal Action: When necessary, we are prepared to initiate legal proceedings to ensure debts are recovered efficiently.

Asset Recovery

• Identifying and Locating Business Assets: We employ advanced techniques and thorough investigations to identify and locate business assets that need to be recovered.

• Repossessing Leased or Financed Equipment: Our expertise includes repossessing leased or financed equipment that is critical to the recovery process.

• Enforcing Judgments: We ensure the enforcement of court judgments to facilitate the recovery of assets for our clients.

Legal Processes and Support

We understand that every situation is unique and requires a customised approach. Our legal processes are designed to offer the best outcomes for our clients:

Pre-Legal Action

• Demand Letters: We send formal demand letters as a preliminary step to recover debts without engaging in litigation.

• Negotiations with Debtors: Our proactive approach includes negotiating directly with debtors to secure payment and avoid the costs and delays of court proceedings.

Legal Proceedings

• Filing Claims: When negotiations fail, we efficiently file claims in court to initiate the legal recovery process.

• Court Representation: Our experienced litigation team represents clients in court, ensuring that their interests are vigorously defended.

• Interim Injunctions: If there is a risk of asset dissipation, we can obtain interim injunctions to protect assets before enforcement can take place.

Alternative Dispute Resolution (ADR)

• Mediation and Arbitration: We offer mediation and arbitration services to resolve disputes amicably and avoid lengthy court battles.

Why Choose BTMK?

Specialised Knowledge

• Industry-Specific Expertise: Our team possesses deep knowledge of commercial law and industry-specific regulations, ensuring that we provide informed and effective legal solutions.

Proven Track Record

• Success Stories: Our portfolio includes numerous success stories, such as the recovery of interests in residential properties and significant book debts, showcasing our ability to deliver results.

Benefits for Businesses

Improved Cash Flow

Effective debt recovery enhances your business’s cash flow, providing the financial stability needed for growth and operations.

Risk Mitigation

Our services help mitigate the risk of bad debts and financial losses, protecting your business from the adverse effects of unpaid debts.

Efficiency and Speed

We streamline our processes to recover debts and assets quickly, minimising disruption to your business operations.

Client Support and Communication

Personalised Service

We offer tailored solutions to meet the unique needs of each business, ensuring that our approach aligns with your specific goals and circumstances.

Transparent Communication

We prioritise regular updates and transparent communication, keeping you informed at every stage of the recovery process.

Initial Consultations

We provide initial consultations to assess the viability of recovery actions, giving you a clear understanding of your options before proceeding.

Compliance and Ethical Practices

Adherence to Regulations

Our actions are fully compliant with relevant laws and regulations, ensuring that all recovery efforts are lawful and ethical.

Commitment to Ethics

We adhere to ethical debt collection practices, maintaining the highest standards of integrity in all our dealings.

Contact Us

If your business is facing challenges with debt and asset recovery, we are here to help. 

Contact us today to learn more about how our experienced team can support your recovery efforts and help secure your business’s financial future.