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Debt Recovery  

Debt recovery is one of the most popular services that we offer to our clients.  If you are in business selling products or services, then you will almost certainly have had the unfortunate experience to supplying a customer who fails to pay. Often they will simply ignore your invoices, promise to pay but fail to deliver, or simply disappear to another address.

It costs time and lost income having to follow up such bad debts. You need to be knowledgable about your rights as a claimant, have access to the necessary skills to effectively demand payment and follow up with appropriate court action and repossession if necessary.

We have experience, backed up with modern information technology systems, dealing effectively with these problems every day. We can reduce the cost of your bad debts because we know how to get results fast.  Although most clients may have already written for payment, a letter from a professional 3rd party i.e. ourselves does carry a lot of extra weight and a good percentage of debtors do respond. They appreciate that the warnings are no longer an idle threat.  Whenever possible, strategic applications (particularly for ‘key personnel’ such as company directors) are also sent by fax and e-mail to maximise the effect.

The problem with debt recovery through law firms is that it is often handled manually and became time consuming and laborious. The legal aspects of debt recovery are often repetitive and necessitate taking action in accordance with a strict time table. It is also quite a tedious form of litigation which often results in debt collection work being given a low priority by the lawyers responsible for debt recovery.

We have overcome this problems by computerisation ensuring that the work is undertaken at the earliest opportunity, thus giving debt recovery work the priority it requires if it is to be completed effectively.  At every stage of the process we keep you up to date. We can produce detailed financial management reports at the touch of a button, which can be posted, faxed or emailed to you as often as you require.

If you would like further details of our service, please do contact us.