Recovery Solutions / Debt Recovery

Debt Recovery

Our dedicated debt recovery experts collect debts for a wide variety of businesses and individuals, and our services don’t cost the earth. Much of the frustration and extra work of recovering debt can be avoided by putting the collection of your debts into experienced hands. If you have any outstanding invoices that haven’t been paid on time, then let us take that stress away.

Three-step process

Whatever the size or age of the debt, we can save you time by advising you at the earliest stage about the best way to go about recovering your money.

Our three-step process makes understanding debt recovery easy and our aim is to resolve matters before step two. These steps are;

1. Pre-litigation

This includes:

• Letter of claim/letter before action
• Credit checks
• Phone calls to debtors
• Monthly updates of each debtor
• Traces on individuals and businesses

Simply provide us with details of the debtor and a copy of the outstanding invoice.  If there is other information, such as a copy of a contract or agreement between the parties, this may also be useful, but in most cases, this is not essential.

2. Court proceedings

If the debtor does not respond, we will seek your instructions to commence formal court proceedings. We can then then obtain judgment if the proceedings are undefended or no response is received. This can often result in payment of the debt being obtained. If the claim is disputed by the debtor, then we can assist and provide advice on the next steps.

3. Enforcement

Once judgment is obtained, if the debt hasn’t already been paid, there are various methods of enforcement, such as attachment of earnings, charging order, and use of enforcement agents. Often the most effective way is the instruction of a High Court Enforcement Agent to attend the debtor’s premises to collect the payment or remove goods to cover the costs.

For more information, or to instruct us today, contact us or fill in the form below.

Why use David Allen

We are an established debt recovery firm, with over 15 years’ experience and a successful track record in recovering monies. By instructing us, you are ones step closer to getting your money back.

The benefits of using David Allen are:

• Relieve stress of chasing debtors
• Save time; let us handle the collections process
• Avoid common pitfalls and delay tactics
• Tested strategies to speed up repayment
• Utilise legal support if you require further action
• Strengthen your chances of collecting the debt in full
• Fixed pricing structure – no hidden cost recovery service
• Instructions carried out in the same working day (2pm deadline)
• Regular updates provided
• No nonsense jargon free approach

Costs and timescales

If the debtor is an individual, we offer a fixed fee letter of claim for £25 plus VAT.  If the debtor is an individual or a sole trader, you will only be able to recover the costs of pursuing the debt if your terms and conditions explicitly say so.  Even if you don’t have such terms and conditions, our letter of claim to an individual or sole trader is fixed at £25.

If the debtor is a business or a sole trader, our charges are based on the level of debt we are pursuing. If you are a business pursuing another business for payment of a debt, under the Late Payment of Commercial Debts (Interest) Act 1998, you are able to recover interest, late payment compensation and reasonable costs for recovering the debt.  This covers our charges and means that you are not out of pocket by instructing us.

If the debtor is a business, they have 14 days to reply.  If they are an individual, they have 30 days to reply.  If no reply is made within this time, we will make contact with you to discuss your options.  At this stage, we can go on to issue Court proceedings on your behalf. If issuing Court proceedings is the most appropriate option, we will do this online wherever possible and advise you about timescales on a case by case basis.

Client Feedback

“We wouldn’t use anyone else. You have collected thousands for us.”

“I am very impressed with your; promptness of action, effectiveness of service and value for money. Five stars!”

“You provided a really quick service for recovering long outstanding payment. The service was excellent and took the pain out of a bad situation.”

“I can definitely recommend David Allen for unpaid debts for business owners. I didn’t think I would get the invoice paid after so long, but I have!”

If you wish to discuss any of our services or find out more about us, please contact us for more information.