Debt Collection

Three steps to good cash management

The First Step - No Result, No Fee

A series of 4 letters over a period of 28 days can be sent to them, followed up with regular phone calls. If we don't get a result we don't charge you a fee. We also attempt to recover the costs incurred from your debtor. We normally expect to recover 85% of debts within this period.

The Second Step - No Result, No Fee (for debts over £750)

If your customer is still reluctant to settle their outstanding account, we can offer you a unique service that usually solves the problem without recourse to the Law Courts. This involves a Four Day Winding Up Notice for limited companies where your customer is warned that their company's bank account will be frozen following an advertisement in The London Gazette. For individuals a Four Day Bankruptcy letter is available.

TheThird Step

If, sadly, court action becomes unavoidable we can still help through our network of solicitors. For debts up to £5,000 our solicitors make a small charge of £50* for any work they do (on unsuccessful cases only), and will only bill for court fees plus any further disbursements. If the debt is recovered, it will be PAID IN FULL with no deductions. Our solicitors rely on statutory interest paid by your debtor as their source of income.

For debts over £5,000 normal solicitors charges will apply and is chargeable whether or not they are successful.

*Does not apply to defended cases, however you may wish to attend court personally to avoid solicitors fees.