Your debtor has failed to make payment despite letters and phone calls. You refer the case to us and we immediately despatch tailored letters on our Judge & Priestley letterhead. The power of the solicitor's letterhead provokes a response which is then dealt with by our telephone collectors. If your customer is a business we can collect statutory late payment charges on your behalf. We do not charge commission on this element. We have found that, in most instances, the collection of these costs dramatically mitigates and sometimes outweighs our commission fees so helping to justify your decision to outsource.
Where successful collections take place, we return the account to you so that you can restore to good book thereby reducing any further bad debt provision accruals.
This service would ideally suit you if you are looking to convert outstanding debtors to cash relatively quickly. This service is also especially useful if you have a ledger that needs cleansing prior to any legal action. Our team will be able to sweep up collectable debts and deal with queried debt on your behalf. Unlike a non-legal debt collection agency, our pre-litigation collectors will be able to consult with one of our solicitors in the event that any technical issues arise therefore maintaining a fluid collections activity.
Once the pre-litigation team have completed their cycle, the case will either be paid, undergoing a trace, written off or assessed for legal recovery action.
This service is especially important at present. Where business failures are currently on the increase, it is essential that fast and rapid action is taken to collect any outstanding cash.
If you have bulk volume recoveries, we may be able to collect these for you on a "no win - no fee " agreement. Please contact us for further information.
Letter before action
Why not request that we send a letter before action on our letterhead with instructions to telephone your office? This could become an extension to your credit control department and may be enough of a nudge to encourage your late payers to settle your invoices.
If you would like expert advice on debt recovery, please send us a message using our enquiry form >>>
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