Debt litigation is directly linked to commercial debt recovery and collection. Irrespective of how robust your credit control procedures can seem, inevitably there are always occasions where legal issues arise during the collection of overdue debts.

Premium Collection’s approach to debt litigation is always pragmatic and practical. Our objective is to help you with advice, where possible in non-legal terms, therefore enabling you to best understand the choices available to you based on both your legal and commercial interests.

Premium Collections have their own in-house paralegals to advise and assist in all legal matters related to taking action where unpaid invoices are involved. Our debt litigation team is experienced in working with such cases especially as we start by understanding your business and business processes from the outset.

We will recharge all issue fees and enforcement fees which are payable to either HMCS or the Sheriff plus all fixed costs. Said fees will be invoiced to you monthly together with our commission charges which will both be deducted from the monthly total payments collected.

Needless to say, no accounts will be passed for litigation without the prior written consent of an authorized representative of your company.

Premium Collections Limited also offers consultancy services to advise on the whole credit management life cycle of your business including, for example, how to set up or improve your internal credit control and debt collection processes.

We can review any existing consultancy requirements and put forward pricing proposals to suit your specific needs. Read more…

Instructions are loaded to the collections system on the day of receipt (if before 4pm) and a letter sent to the debtor. Experienced telephone collectors then take over the collection activity.

Premium Collections Limited does not employ power dialler technology, collections staff are allowed time to negotiate with the debtor to pay their debt in full or by a payment plan in the shortest time possible.

If an invoice has not been paid within your specified terms, Premium Collections Limited can, with your agreement or subject to your own contractual terms and conditions, apply late payment charges and/or interest as stipulated by The Late Payments of Commercial Debt (Interest) Act 1988.