A fast, efficient and cost effective debt recovery service.
Meet Debt Recovery Manager, Ailsa Fairchild:
Our comprehensive and cost effective business debt recovery service includes dealing with:
- Unpaid commercial invoices
- Unpaid debts
- Tenant arrears
- Former/missing tenant arrears
- Track and tracing services
- High Court enforcement referrals
- Attachment of Earnings Orders
- Charging Orders
- Employment Status Reports
- Other forms of debt recovery
Debt Recovery
For taking instructions and sending a Letter Before Action we charge £9.50 plus VAT. Our clients range from larger companies with credit managers who need a debt recovery service, to individuals and smaller businesses that just do not have the time or sometimes knowledge to chase unpaid bills, whether through the courts or not.
Our fully computerised but personal service offers a speedy and cost effective means of recovering debts at all levels:
Step 1: You provide us with a copy of your outstanding invoice or statement confirming the details of the debtor and the debt owed. We send a Letter Before Action requesting payment within 7-days and threatening them with pending court proceedings. Often this procedure is enough to secure payment.
Step 2: If payment has not been received at the end of the 7-day period we will advise you of the exact cost to you of any proceedings you may then wish us to issue. We will then submit a claim form to the County Court (subject to your instructions and payment of the court fee).
Step 3: Once the claim form has been issued, if no defence has been filed by the debtor, we will automatically apply for judgment against the debtor on your behalf. If the claim is defended we will advise you about the prospects of the case and the most cost effective way to pursue it.
Step 4: If the debt remains outstanding on receipt of judgment we will then discuss with you the best methods of enforcing the judgment against the debtor to secure payment for you.
For taking your instructions and sending a 7-day Letter Before Action we charge £9.50 plus VAT.
Litigation
If you prefer not to issue proceedings then you are under no obligation to do so. You are in the best position to decide whether or not the debtor is able to pay.Where a genuine dispute is foreseen or emerges, or you instruct us to enter into correspondence with the debtor, our litigation team will handle the case and fees will be charged on a time basis.
Free Debt Recovery Quotation
Contact Ailsa Fairchild, our Debt Recovery Manager, who will be happy to discuss our service in more detail and provide an initial quotation. We look forward to hearing from you.
Please see our Debt Recovery Charges information sheet for further details of our charges and the work we undertake.