Debt recovery doesn’t have to be a complicated business, especially in the hands of the professionals. Many people don’t realise how simple and cost-effective it can be to use a private debt collection service, so here we answer a few of the most commonly asked questions and debunk a few myths along the way.

Debt Collection: A Beginner’s Guide

To start the process of debt recovery, you need to let us know whether your debt is under or over £4,000. For debts below £4,000, you can simply instruct us through our online system 24/7. For debts above that amount, we need to discuss the case and fees in a little more depth and will give you a call back to kick start proceedings.

It’s a widely held misconception that you need a County Court Judgment (CCJ) to get the ball rolling, and we can often intervene to get back your money without the need for an expensive trip to court. So what happens once you’ve instructed us?

First off we call on your debtor, usually within 24 hours of being instructed. Don’t worry if you think your debtor has changed address or even moved abroad. If they’ve moved within the UK then we have a state-of-the-art system for tracking them down, so they can’t get away that easily. We also have debt collection teams in the US, Europe and Asia, so don’t think you need to give up just because they’ve gone overseas.

Is Debt Recovery Right For You?

Debt recovery by a professional service such as NightFox is almost always the best route to go down if someone owes you money. We have a very strong track record for success and our teams are tenacious when it comes to getting back the money you’re owed.

To start the process, we need you to provide as much information as possible on the debt and the debtor. If you’re wondering about legal advice, we do not have an in-house team of solicitors but we do have a close working relationship with a London chambers and can provide contact details for their barristers.

As for fees and costs, don’t worry – any fees are added to the sum the debtor must pay, so you won’t be left out of pocket. We have over fifteen years of experience in debt collection, so if you have a case and need it solved as quickly as possible, you’ve come to the right place.