Debt Recovery
Old debts in your business represent “dead money” which could be converted into new cash flow.

Statistically, in England, more than 70% of all debts are settled after a formal “letter before action”, requesting a debtor to pay within a specified time.

• We do not charge for a letter before action if this does not lead to payment.
• We do charge, where payment (or part payment) is made but in most cases, this cost can be recovered from the debtor in full.
• Should proceedings for the recovery be necessary, we will go through the procedure, time frame and costs with you in detail. This is to assess whether it is a debt worth pursuing or one that is better written off.

Prevention is always better than cure!

We offer pro-active debt recovery advice in that we :

• offer a free review of your credit policy and relevant contractual terms
• advise you on your debt control system
• help you with designing internal systems to avoid litigation