Financial services

Debt recovery and litigation solicitors

We offer expert legal support to those in the financial services industry, working with clients who offer invoice finance, asset based lending, leasing/hire purchase and commercial loans.

Legal expertise for financial services ¶

Our expert debt recovery and litigation solicitors work with clients who offer invoice finance, asset based lending, leasing/hire purchase and commercial loans.

Typically, clients in these industries carry out collection cycles either in-house or via debt collection agencies. We will assist them once those processes are exhausted.

We work with our clients to understand their individual needs, and our specialist debt-recovery and collection solicitors for financial services tailor our processes to include one or more of the following approaches:

pre-legal collections;
legal action;
enforcement of judgment debts; and
bankruptcy / winding up petitions.

Specialist debt recovery solicitors for financial services ¶

We want you to think of Harwood & Co as an extension of your in-house collection team, and as the logical next step in recovering outstanding sums.

Our team has vast experience in dealing with outstanding debts in the Financial Services sector, so we understand that a one-size-fits-all approach is not the best option. We offer a personalised service that works for your business, and is focused on the type of debt we’re instructed to cover.

What our clients say

Kinleigh Folkard & Hayward

Harwood & Co are friendly and approachable, and I feel I can always pick up the phone if I need some advice - Denise Martin

Wilson & Co

After 15 years of using Harwood & Co for debt recovery and more complex litigation, I highly endorse their services - David Wilson

Redwood Collections

We have complete trust that any client who chooses to engage with Harwood & Co will be looked after with professionalism and integrity, and can expect the best possible outcome - Stuart North

Why choose Harwood & Co? ¶

Making the right choice when seeking legal advice or support is important. Our solicitor-led debt recovery and dispute resolution services for the financial services industry are built on decades of sector-specific expertise. ¶

Specialist knowledge and experience: as a specialist firm of solicitors dealing with debt recovery, dispute resolution and litigation, clients rest assured that those advising them are experienced and knowledgeable. Clients have the direct dials of professionals who can provide ad-hoc advice, so that risks, and solutions, can be identified early.
Tailored approach: we tailor our services to clients. We are able to integrate with your case management systems, and provide bespoke reporting to make our work as efficient as possible.

Get in touch

FINANCIAL SERVICES

FAQs ¶

Find answers to some of our most frequently asked questions below. If your question is not answered in our FAQs, please get in touch with our team by filling out the enquiry form on our contact page or calling us on 0113 245 7027.

How can I get started with debt recovery? ¶
Contact our legal team to discuss your case. We offer an initial consultation to assess your options and recommend the most effective course of action, whether through informal negotiations or legal proceedings.
Can I recover debts from a company that has gone into administration or liquidation? ¶
If a debtor company has entered administration or liquidation, debt recovery becomes more complex. We can assist in submitting a claim to the appointed administrator or liquidator and exploring options such as director liability claims if misconduct is suspected.
How long do I have to pursue a debt before it becomes unenforceable? ¶
In the UK, generally, a debt may become "statute-barred" after six years under the Limitation Act 1980. However, the law on the area is complicated and the limitation period could be longer or it could be extended. If you are owed money, and are concerned about limitation, please contact us urgently.

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Meet the team

Chelsea Harrison

Solicitor

Joe Addlestone

Director

Robert Addlestone

Director

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FINANCIAL SERVICES

FAQs ¶

For more information on how we work with clients in financial services, please see our FAQs below. If your question is not answered here, please get in touch with our team.

How can Harwood & Co assist my firm? ¶
We can support you with debt recovery and commercial litigation. First we will learn about your business, your goals and the issues you face. We then provide tailored advice to your specific needs.
What fees are involved should we instruct Harwood & Co? ¶
Typically we charged fees for uncontested debt recovery claims, insolvency petitions, and enforcement action. These fees can be found in the pricing section of our website. We charge at hourly rates for all other work, such as contested ligation. We will always provide cost estimates and are happy to agree a bespoke fee structure with you.

Submit a new claim ¶

Please fill in this form with as much detail as possible. You will then be contacted by a member of our team who will review your submission, set out proposed next steps, and provide a cost estimate for them. Alternatively, you can call us on 0113 245 7027.