Debt Recovery Process

Debt Recovery Process

The debt collection process is simple and straightforward. We follow a process and often it is the intervention of the unknown third party that brings payment. We use the traditional methods of letter before action, email, text and phone. We perhaps differ from others by using a bespoke service. It makes it clear to the debtor that we are not a call centre operation and each and every debt has an assigned Credit Manager.

The key to successful debt recovery is being given the opportunity to deal with a debt before it becomes passed it’s sell by date. As a creditor you should decide at what point are you comfortable to hand your debts over to a professional recovery agency. We as a debt recovery company are there to broker a deal between the Creditor and the Debtor. We don’t bully, we simply supply the facts and explain to the debtor the process and assist where we can. We negotiate settlements, we cannot get blood out of a stone. Therefore it is so important to instruct us as soon as possible giving us the opportunity to recover your monies before the situation spirals out of control.

We see time and time again creditors allowing debtors far to much time with false promises of payment that never materialise. How do you as the creditor know what is happening in your debtors world? What we know is time is of the essence. The third party intervention tends to bring you the creditor to the top of the pile above other creditors who are still dithering about what to do?

• letter before action
• court intervention
• High Court Enforcement
• Payment to you

Don’t dillydally contact us today and give you and your business piece of mind.

Call: 01386 584005 e: customer.support@debtrecovery.co.uk