Issue Creditors Winding Up Petition - against Your Customer

Be first to get paid before your customer's other creditors or risk losing your money.

If your customer has failed to pay up after repeated reminders it’s time to get serious because they are certainly paying their other creditors instead of you!

It is now time to show your debtor how serious you actually are about getting paid by instructing our very effective service to issue and serve upon your debtors a creditors winding up petition. All industry experts agree issuing a creditors winding petition is certainly by far the most successful debt recovery method available.

From our experience we know debtors take a creditors winding up petition that is actually served upon them very seriously. The debtor’s bank accounts will be frozen once the creditors winding up petition procedure gets fully underway. Before then they will have a short time to settle the debt or have their bank accounts frozen and risk being wound up by order of the High Court; compulsory liquidation.

Let us start and complete the entire creditors winding up petition process for you against any number of your debtors. We get results fast and our service is very robust and efficient. We recover your costs from the debtor together with the debt.

From our long standing experience dating back to 1994 and dealing with literally thousands of debtors we know during difficult trading debtors always, without fail, select which creditors to pay first – usually those critical suppliers. Their other creditors will always get pushed to the back of the queue and remain there – in the danger zone. Therefore, we strongly advocate taking action early in the life of the overdue debt. It is always wise to go in hard for payment even if this means losing a customer. The chances are you probably may lose that customer anytime soon due to their insolvent position. Remember inability to pay debts as and when they fall due for payment mean the debtor is insolvent and therefore probably will fail in the absence of a convincing business recovery plan. You need to act fast to get paid first or risk losing your money.

To know more about our service contact us and find out how best we can help you.