Call Us TODAY on 020 3588 4240

Debt Collection Solicitors – No Win No Fee Debt Recovery Solicitors

Debt collection solicitors are highly skilled legal professionals dedicated to recovering their clients’ unpaid debts. With years of experience and industry insight, these experts provide sound solutions that get the debt repaid quickly and efficiently – allowing creditors peace of mind.

Debt collection solicitors fight the good fight against unpaid debts, taking up arms on behalf of their clients in order to reclaim what’s rightfully theirs. They are legal experts dedicated to helping creditors recoup losses due to non-payment.

With the UK having some of the best debt recovery lawyers in Europe, let’s explore how they provide unparalleled legal counsel and expertise to aid individuals or businesses struggling with overdue payments.

Business debt collection solicitors

Need help recovering unpaid business debts? Struggling to collect an unpaid debt from a business? Debt collection solicitors are the professionals you need to get your hard-earned money in no time. From invoices that never got paid. Professional solicitors specialized in corporate debt collection can help recoup your hard-earned funds, usually obtained through outstanding invoices. Get back what’s rightfully yours!

Business debt collection solicitors are the experts in retrieving what you’re owed. Whether it’s overdue invoices or another form of unpaid money, they can help make sure that your finances get back on track.

How to Recover a Debt From a Limited Company?

To retrieve a business debt, here are the steps to take when dealing with partners or limited companies. Firstly, understand your customer’s exact legal status and make sure all documents relating to the loan have been prepared properly; secondly, ensure contact has been established in writing between you and representatives of their company through official channels; lastly, investigate any potential avenues for securing payment from secondary sources such as directors’ assets if needed. Take these measures promptly – it may mean the difference between successfully recovering what your business is owed.

Recovering debt from partners or companies doesn’t have to be an intimidating process. Here are the steps you need to take for successful recovery:

  • Stay on top of money matters with your paperwork. Collect the necessary documents to provide a comprehensive and current statement of account for an accurate financial overview.
  • Knowing the type of entity that owes you money is essential, as it will determine how to best recover your payment. Generally, customers can be any one of three entities: a partnership, a limited liability partnership or a limited company. Understanding which applies in each situation will help ensure successful debt recovery.
  • Issue a formal reminder to your customer with an ultimatum: pay their outstanding debt within 7 days or face the consequences of legal action.
  • Taking legal action is a serious step to resolve an unpaid debt. You can issue a court claim and give your customer 14 days to formally respond, so make sure you are prepared for whatever the outcome may be.
  • Take the necessary steps to secure your payment – request a County Court Judgment, and if they still fail to pay up, instruct bailiffs or High Court Enforcement Officers who will make sure you get what is due.

Debt Recovery Costs

Faced with unpaid debt, it can be difficult to assess the best course of action. In general, if you don’t have to go down the legal route then your financial outlay should remain relatively low – typically just a letter before action fee. However, in more contentious cases court fees and lawyer’s costs may start racking up quickly so make sure that taking this approach is really worth it.

If you instruct Shergroup, our business solution advisors will guide you through the cost and process.

How long does a business have to collect a debt?

Collecting a business debt can be an arduous process, depending on whether the creditor agrees or disagrees with your claims. After the admission of a debt, you may expect repayment within 3 months; however, if there is disagreement over money owed, due to disputes and other factors such as legal proceedings that could drag out for up to 18 long months.

Personal Debt Recovery Solicitors

Struggling to receive payments owed? Personal debt collection solicitors can provide a helping hand when it comes to reclaiming what you’re rightfully due, whether the debtor is an individual or self-employed.

How To Deal With Sole Trader Debts

Recovering debts from individuals or sole traders is easier than you think! Leverage personal records and contracts to ensure a successful collection. These include sending letters of demand and providing them with notices regarding your intention to pursue legal action if necessary. With the right process in place, collecting your money can be hassle-free.

  • We are taking the important step of asserting our legal rights by sending a formal letter of claim – referred to as a ‘pre-action protocol letter’. This enables us to secure fair treatment and pursue any grievances.
  • Litigation is not to be taken lightly. To ensure your rights are protected and that justice prevails, issuing a court claim may become necessary.
  • It may be worth your while to consider requesting a county court judgment. This can help you receive financial recompense and reclaim what is rightfully yours!

Cost for  Recovering Debts from Individuals & Sole-Traders

Navigating debt collection can be tricky and costs may vary depending on the borrower’s legal structure. Recovering a debt from an individual or sole trader often requires more work which could mean additional expenses for attorneys if cases drag out in court proceedings that come with standard fees.

How long does it take to Recover Debts from Individuals & Sole-Traders?

Recovering debt can pose a challenge, especially for an individual or sole trader. Depending on its dispute status, it may take 6 months to two years for successful resolution – enough time for any creditor’s patience to be put through the wringer!

Collecting outstanding payments from a private individual, sole trader or small business can be tricky; often taking up to 6 months if uncontested and 2 years+ if disputed. The extended recovery time makes debt collection one of the trickiest parts of running any kind of organization.

No Win No Fee Debt Collection Solicitors

Successful debt collection does not always have to cost a fortune. Solicitors providing “No Win, No Fee debt recovery” services operate using Conditional Fee Agreements and After Event insurance plans that allow clients to pay only if the recovery amount is successful – meaning no risk of out-of-pocket expenses!

Professional no-win, no-fee debt collection solicitors work hard to ensure you get what’s rightfully yours. With a conditional fee agreement in place – meaning they only collect if successful – as well as after-the-event legal insurance coverage, you can rest assured that your interests are represented with experienced care and diligence.

Instructing Debt Collection Solicitors

Frustrated by unpaid debt? Look no further than outsourcing to a reputable firm of debt collection solicitors. They can provide the necessary expertise and tools for an effective resolution, taking those tedious duties off your plate. If you’ve done all that is in your power to secure an unpaid debt, it’s time for expert help! Outsourcing collection to a professional firm of solicitors can give new impetus and take the headache out of recovering what rightfully belongs.

Engaging the services of a debt collection solicitor can elevate your business in multiple ways. With their help, you’ll streamline operations and free up resources to devote more attention to what truly matters: growing your core activities. On top of that, outsourcing will also reduce expenses while providing an edge over competitors – it’s a win-win situation.

Guiding debt collection counsellors is simpler than you think! It’s a piece of cake when you know the correct steps to take.

Unpaid debt can be a difficult and draining experience. Fortunately, there is help available: enlisting the services of experienced debt collection solicitors! These professionals bring their expertise to bear on your issue, providing valid solutions that will benefit you in the long run. Learn here how these solicitors work, what advantages they offer over other forms of resolution – not least being speedier results – as well as some tips for selecting one that suits your particular situation best.

Debt collection solicitors can help you take back control of your finances, and they even offer additional benefits to make the process easier. But with so many options out there, how do you pick which one is right for you? In this article, we provide helpful tips on selecting a trustworthy no win no fee debt collector who will work efficiently in obtaining what’s owed to you.

How can Shergroup help?

Dealing with delinquent debt is stressful, but having a solid team of professional collectors at your side can minimize the burden and ensure you take action in the most effective way. From drafting demand letters to commencing court proceedings or providing guidance on deeper forms of enforcement post-judgment (CCJ), those experienced in collections will do more than just help – they’ll arm you with confidence as well.

Engaging debt collection solicitors is a great way to help you receive your payments in an expedited, cost-effective manner. To do so offers the potential for many advantages worth considering.

The Benefits of Instructing Shergroup

Shergroup’s highly experienced team provides invaluable benefits to their clients, such as increased efficiency and cost savings. With the power of a well-established firm behind them, businesses can trust that their goals will be achieved with success.

1. Shergroup Debt Recovery Can Save Your Time

Efficient debt recovery is essential to secure timely payments and maintain profitability. Investing in dedicated solicitors can pay huge dividends: they will work hard on your behalf with the sole purpose of retrieving what’s owed, removing a significant burden from yourself or your employees so you are free to focus on growing your business. Time truly does equal money – entrust its retrieval now for future success.

2. Shergroup Debt Recovery Can Save Your Money

Shergroup can help you save precious resources in collecting a debt – no need to hire an employee, and only engage recovery solicitors when necessary. This allows for greater budgeting flexibility with reports on how much money is spent during the pursuit of unpaid debts.

3. Shergroup Debt Recovery Can give you Peace of Mind

Entrusting a debt recovery solicitor to deal with the unpaid debts that have been plaguing you can provide much-needed relief. Armed with expert advice, no longer will sleepless nights be spent worrying about what could otherwise become an insurmountable problem – after all, two heads are better than one.

Summing Up |

Are you facing challenges in recovering unpaid debts? Our dedicated team of debt collection solicitors at Shergroup is here to provide effective solutions and unparalleled expertise in debt recovery. Whether you’re dealing with business debts or struggling to collect from individuals or sole traders, our professionals specialize in “no win, no fee debt collection.”

If you’ve been grappling with overdue payments and need assistance from experienced solicitors, don’t hesitate to contact us at [email protected] or visit Our business solution advisors will guide you through the process, offering cost-effective and efficient strategies to reclaim what’s rightfully yours. Trust Shergroup for timely, professional, and hassle-free debt recovery services.

You Might Also Like

Content Writer​


The following disclaimer applies to Shergroup Limited and its platform, Please read this notice carefully before accessing or using any information provided on our platform.

  1. No Legal Advice | The information presented on, including but not limited to articles, blog posts, FAQs, and other resources, is provided for general informational purposes only. It is not intended to be, and should not be considered, legal advice. The information provided does not create a solicitor/client relationship between Shergroup Limited and the user.
  2. Not a Substitute for Legal Advice | The information on should not be relied upon as a substitute for obtaining legal advice from a qualified professional. The application of laws and regulations can vary based on specific circumstances, and legal advice tailored to your particular situation is crucial. Therefore, we may refer you to a member of our partner firm -Shergroup Legal – on legal matters or encourage you to take your own legal advice from your preferred advisor.
  3. No Guarantee of Accuracy | While we strive to provide accurate and up-to-date information, Shergroup Limited does not guarantee the accuracy, completeness, or reliability of any information on The legal landscape is constantly evolving, and laws may vary across jurisdictions. Therefore, any reliance you place on the information provided is at your own risk.
  4. No Liability | Shergroup Limited, including its officers, employees, agents, and affiliates, shall not be held liable for any direct, indirect, incidental, consequential, or punitive damages arising out of your access to or use of or any information contained therein. This includes, but is not limited to, any errors or omissions in the content, or any actions taken or not taken based on the information provided.
  5. Third-Party Links | may contain links to third-party websites or resources. These links are provided solely for convenience and do not imply endorsement or responsibility for the content, accuracy, or legality of such websites or resources. Shergroup Limited shall not be liable for any damages or losses incurred as a result of accessing or using any third-party websites or resources.
  6. Changes to Disclaimer | Shergroup Limited reserves the right to modify or amend this disclaimer notice at any time without prior notice. Any changes will be effective immediately upon posting on It is your responsibility to review this notice periodically for updates.

By accessing or using, you acknowledge that you have read, understood, and agreed to this disclaimer notice. If you do not agree with any part of this notice, you should refrain from accessing or using

Last updated | 19 July 2023

Should you have any questions or concerns regarding this disclaimer notice, please contact us at [email protected]