News updates 

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...

Too busy to keep up with the admin!

Too busy to keep up with the admin!

During the last eighteen months some businesses have obviously struggled during the Covid crisis but there are also many businesses who have flourished, and some are saying their company has never been so busy. We have spoken before in these blogs about this but after...

What’s on your horizon?

What’s on your horizon?

As business owners it’s good to look forward and plan for the future as far as you can. Always have one eye on the horizon. If Covid-19 has taught us anything it is to expect the unexpected. Even in early 2020 very few of us expected to be locked down and have our...

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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.