At Diamond Heron the debt recovery team has extensive experience in recovering both secured and unsecured debts for a wide range of clients providing commercially driven and practical advice to secure recovery in the most cost efficient manner. Diamond Heron prides itself on providing an individual approach to each case as no two cases are the same and can ensure that any advice will be tailored to your needs.
We act for clients ranging from individuals, partnerships, credit unions and SMEs through to blue chip banks and lending institutions throughout Northern Ireland, the Republic of Ireland and the UK.
In relation to secured lending we offer advice on lender’s security, the enforcement of security as well as property repossession.
In respect of unsecured lending we can assist you with pre-action correspondence, issuing legal proceedings from small claims right through to High Court proceedings, obtaining judgment and seeking to enforce same. We can then take you through the process to enforce any unpaid judgment which would involve enforcement proceedings via the Enforcement of Judgments Office (EJO) or issuing Bankruptcy/Winding up proceedings.
Diamond Heron has a progressive insolvency practice and can provide advice on both individual insolvency and corporate insolvency options from informal arrangements to formal arrangements such as Individual Voluntary Arrangements (IVAs’), Company Voluntary Arrangements (CVAs), Administrations, Members Voluntary Liquidations (MVL’s) and Creditor’s Voluntary Liquidations (CVL’s). We are regularly instructed by Insolvency Practitioners and provide advice on matters such as transactions at an undervalue, transactions defrauding creditors, preference claims as well as repossession proceedings.
As we have experience of acting for both creditors and debtors as well as Insolvency Practitioners we are able to anticipate issues you may face and provide a more rounded approach rather than abstract advice.
What We Offer
We offer a range of Debt Recovery legal services and advice including:
- Recovering secured and unsecured debts
- Lender’s security advice
- Property repossession advice
- Issuing legal proceedings
- Individual and corporate insolvency advice