Recovering The Debt:
One of the most effective ways of recovering a debt from a commercial debtor is to serve them with notice of an intention to pursue insolvency proceedings – notice of intention to wind up against a limited company and a statutory demand against an individual.
Utilising The Options:
Kennedy's fully utilise these options, where instructed to do so by our clients. Should the initial notice fail to result in payment, we then have the facilities to pursue winding up proceedings against a limited company debtor or issue bankruptcy proceedings against an individual.
Our costs for taking such actions are fixed and not charged on a “time recorded” basis.
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