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Debt Recovery
Eastleys has a wide experience of debt recovery matters both for individuals and corporate clients.

All companies can now claim interest on commercial debts arising out of contracts entered into on or after 7 August 2002 at the rate of 8% above base rate pursuant to the Late Payment of Commercial Debts (Interest) Act 1998. On large debts this can represent a significant additional recovery.

We at Eastleys can bring proceedings on your behalf and, if and when judgment has been obtained, can advise of the best means of enforcement available to clients.

We can also petition for the Winding Up of debtor companies and the bankruptcy of individuals.