Asset Recovery Solicitors

Kuits’ recovery team brings together expertise from across the firm including real estate finance, insolvency, property and litigation. Specialists in their field, our recoveries solicitors work closely with lenders, creditors and businesses to resolve matters efficiently while maintaining clear communication throughout.

When a borrower defaults, swift action can maximise recoveries, protect your asset value, and reduce financial risk. Our recovery solicitors advise on every stage of the recovery process from action to resolution, advising lenders, insolvency practitioners, receivers, and property professionals.

Our recoveries services for lenders and businesses

We advise secured and unsecured creditors on all aspects of recovery, delivering a seamless service from early-stage negotiations through to enforcement, asset realisation and insolvency proceedings.

Secured recoveries:

Security reviews
Debentures
Charges
Guarantees to protect your position and maximise recovery prospects.

Commercial asset recovery:

Investigations and asset tracing
Freezing orders
Commercial recovery including claims against directors and third parties involving breaches of duty, misfeasance and fraud
Possession proceedings
Insolvency proceedings
Restraint of assets including property
Property recovery
The appointment of LPA receivers

Enforcement:

Dispute resolution including arbitration
Judgments including overseas recognition
Tailored enforcement strategies

Restructuring:

Sales following appointment including prepacks
Efficient asset realisation
Reducing delays

Connected expertise, wherever it is needed

Our team is well connected across the wider professional services market and regularly work alongside a trusted network of private investigators, accountants, insolvency practitioners and other specialists. This joined-up approach helps us move quickly, gather the right information and build effective recovery strategies tailored to each matter.

As a member of TAG Alliances, one of the world’s leading multidisciplinary alliances of independent professional services firms, we have access to a trusted global network of legal, accounting and strategic business advisers. This enables us to support clients with cross-border matters and connect them with specialist expertise wherever it is needed.

What is recovery?

Recovery is the process of reclaiming and settling debts after a loan default. A default can occur when a borrower breaches financial or non-financial obligations under a lending agreement. Depending on the circumstances, the recovery process may involve restructuring repayment arrangements, enforcing security or taking other legal action to minimise losses for the lender.

When should I consider a recovery?

Recovery happens when resolution options fail, and there is an increased risk of loss to the lender. Specialist support and early intervention can help protect value and maximise recovery before the borrower’s financial position deteriorates further

What enforcement options are available to lenders?

The right enforcement option will depend on the lending structure, the security in place, the borrower’s position and the asset involved. Options may include issuing or enforcing a judgment, taking possession proceedings, appointing receivers, appointing administrators, enforcing guarantees or pursuing other tailored recovery strategies. Early advice helps identify the most effective route and reduce the risk of delay or avoidable loss.

Do Kuits act for lenders outside of Manchester?

While our roots are in Manchester, our reach extends far beyond the North West. We have longstanding relationships nationally, and we regularly support lenders, businesses, and professionals throughout the UK.

If you need advice on loan default, enforcement or secured recoveries, speak to Kuits’ banking and finance recoveries team.