Letter before action
On receiving your instruction our first action is usually to write to your debtor on your behalf demanding payment of the outstanding monies owed to you.
From our experience the majority of debts are recovered from simply sending our letter before action, which clearly demonstrates you are committed to recovering the monies owed to you.
It is our aim to enable parties to settle the matter between them quickly, and for a fixed cost from as little as £10 plus VAT (depending on the value of the debt owed) what have you got to lose. Our fixed fee service means you will always understand the cost to you.
If the invoice you issued clearly sets out your terms, you may be able to recover compensation from the debtor under the Late Payment of Commercial Debts (Interest) Act 1998. We will aim to recover all amounts you are entitled to.
If the debtor is an individual and your terms and conditions allow, we will look to recover interest and legal costs on your behalf. Often the recovered compensation, costs or interest covers our fixed fee, meaning the recovery of your monies costs you nothing!
If there is no response to the letter before action we will discuss the options available to you and recommend the best way forward, ensuring you are aware of any additional costs that may be incurred.
For a fresh approach to debt recovery, contact our no nonsense team today.