Our pure Invoice Recovery team specialises in debt recovery. The team operates with the same care and vigour on the collection of any volume of instruction from substantial debt portfolios to one off cases, for businesses ranging from sole traders and SMEs to multi-national household names.
The team prides itself on a quality personal service. Our first class service is enhanced by our technology which assists the recovery and allows the team to run a pro-active and cost effective case. The case will remain personally controlled by our experienced recovery managers so that you and your team, and your debtor, will have a personal service.
As part of our full service, an experienced manager will:
- Review each debt at the outset to establish the correct defendant, its solvency and viability for a successful recovery.
- Tell you if, in our opinion, a debt is not worth pursuing.
- Review your terms of trading, or lease, to ensure that we maximise contractual interest and cost recovery on top of your debt, and which can make your recovery self financing.
- Make use of the Late Payment of Commercial Debts (Interest) Act 1998 where appropriate, to recover statutory interest and a compensation fee on top of your debt.
COSTS AND PROCESSES
We believe in a fixed fee regime, and we always look to recover our charges from the debtor, as far as possible.
Although we believe in entering into Service Level Agreements, with stage costs and processes of action agreed between ourselves and you, we have very high internal minimum standards to which we adhere to together with a realistic fixed costs regime. This means that even if a Service Level Agreement is not entered into, as a Client you will be aware of what to expect and how much it will cost to run an action going forwards.
If the matter becomes complex due to a case becoming disputed or defended, there are clear lines of escalation and we always provide you with full information both as to the merits of proceeding and a defined route on the process, together with anticipated costs going forward.
Please contact the team for further information and a fixed cost quote for recovering your debts.