What We Do

Debt Recovery & Litigation

Saving you time and money

Money Claim Direct (MCD) assists people and companies who are having trouble collecting overdue invoices, and recovering bad debts.

Usually, the first step is to serve a pre-action letter, a statutory demand, or a formal demand. But we must act now because your debtor might be:

  • Trading while insolvent
  • Exposing you to financial risk
  • Prioritising other creditors over you
  • On the verge of bankruptcy or liquidation
  • Manipulating your credit terms as an unsecured, interest-free loan
  • Moving assets into a new business, leaving creditors like you to perish with the old company

Most people avoid debt litigation because a claimant chasing a £30,000 could spend £15,000 on legal fees over 12 to 18 months. Costs can escalate rapidly, especially if a winding-up petition has been issued against a debtor without the court's approval.

And there's absolutely NO GUARANTEE a court judgment will be favourable because the debtor can easily challenge your claim for payment by disputing the claim.

Furthermore, even with a favourable verdict, you may be unable to collect payment if the debtor company has collapsed and reformed into another business.

MCD can help get your money back. Call +44 20 7692 4232 now to find out how...

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Formal demands

Statutory demands

Winding-up petitions

Pre-action letters

County court claims

020 7692 4232

Recoveries

MCD saves you money, and frees up time so you can focus on other things. Call our recoveries team to start the debt recovery process.

County Court Claims

County court proceedings may commence if your debtor fails to respond to a pre-action letter

Statutory Demands

Has the company or person who owes the debt received a statutory demand?

Winding-up Petitions

An insolvent company with unpaid debts may be served with a winding-up petition

Debt Recovery

Let MCD recover your debt while you focus on building up your business