News updates 

Unoccupied Properties

Unoccupied Properties

We are currently hearing a lot about commercial rents being owed to landlords as businesses have closed down, cannot afford their overdue rents or relocated as they no longer require the space and are trying to defer their rental payments. However, there is another...

How do you make a splash in business?

How do you make a splash in business?

Building up relationships in business is so important. Whether it be through networking or the way you conduct yourself in your business life. There is an old saying that you should treat people the way you expect to be treated and the same can be said for business...

Always agree before you start!

Always agree before you start!

The story below can be representative of several issues in business. It could be between partners/directors, employees and employers but this one is about a business and client. We have recently been helping a local business with the issue of an unpaid invoice but...

Is the perfect storm just around the corner?

Is the perfect storm just around the corner?

Fuel price rises, food shortages , increase in wages! What could be next? Looking forward as a debt recovery specialist we are looking at the future with a glass half fill approach. As we see it there is a perfect storm on the way and it has been masked by Furlough...

Can you spot the dark clouds on the horizon?

Can you spot the dark clouds on the horizon?

Running a business is basically about having all the facts in front of you. If you are the managing director or business owner irrespective of size you need to know all the information available. Current balance in your bank account is obviously key. We always here...

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FAQ

Frequently Asked Questions

Is there a limit on how old a debt can be for you to chase it?

We can chase all debts up to 6 years old.

If my debtor has moved without providing a forwarding address can you locate them?

Yes we can. We work on a no trace/no fee basis.

If my debtor already has a County Court Judgment registered against them can you still help us?

Yes, we can help you with post Judgment enforcement of the debt.

What is your average success rate?

Every claim is different but overall we have a success rate of just over 80%. 

Can you chase foreign debtors?

Yes we can. We work throughout the World.

Do you just chase businesses or can you chase individuals too.

We can chase individuals as long as the debt is not subject to a regulated credit agreement. 

What is late payment compensation?
The Late Payment of Commercial Debts (Interest Act) 1998 allows creditors to add late payment fees to commercials debts. The fees are on a per invoice basis and are £40.00 for invoices up to £999.99, £70.00 for invoices up to £9999.99 and £100.00 for invoices of £10,000 and above. 
If my debtor disputes the debt can you still help me?

Yes, we will try and negotiate a mutually agreeable settlement with the debtor.

If I want to issue a County Court Claim against a debtor can you do that for me?
Yes, our legal team can issue the Claim on your behalf, obtain Judgment against the debtor and 
proceed with enforcement thereafter.