Why is face to face debt recovery so effective?
We know that the COVID-19 pandemic is having a major impact on everyone’s lives right now. This is certainly being seen in the business sector where many organisations are doing their best to stay afloat as the UK lockdown continues. We are all in this fight together though which is why stories of some firms using the virus as an excuse to not pay bills are shameful. If you are facing problems with someone who owes you money but is refusing to pay, there is one way to sort it out effectively – face to face debt collection through a professional debt recovery agency. The Money Claim Online is not going to get you the results you need if you don’t know the address of the debtor, so what’s the point?
The current situation does make the debt collection process more challenging. This has left some companies who are owed money trying to recover it through letters or emails. With many finding this less than satisfactory, it has highlighted how face to face recovery is the only truly effective way to get your money back.
If you have a bad debt, we will do everything in our power to collect it.
There are many online debt collection services that you can now access, these often don’t bare fruit, as emails and letters can be ignored. Your debtor cannot ignore a real person stood in front of them. It is at that point the debtor will begin to take you seriously, the lines of communication that were lost will now be open. The Money Claim Online Service that many try is useless unless you know where the debtor is, and even then has very low success rates. Even Small Claim Courts, if you win, may award a few pounds a week when you know the debtor has assets.
We can help you or your business handle bad debt on a single case basis, or for businesses take over your entire collection of debtors, and we deal with UK debt collection and overseas debtors, when necessary. You can rely on the professionalism of our debt collectors and we offer high levels of confidentiality when it comes to handling debt collections in the quickest and most successful manner.
We may be old fashioned but we understand your company has a reputation. Your reputation is of paramount importance to us.
A piece of paper often means nothing!
Some people think that once they go to court, a Court Bailiff is appointed, justice will prevail and they’ll receive back the money they’re owed. However, just because a well-educated lady or gentlemen in wig makes a judgement in your favour, it doesn’t mean you’ll get your money back. In fact, all a court judgement means is that you have an official piece of paper showing how much you’re owed and who owes it you!
This process can take months and sometimes years. Post Covid-19, it’s estimated it will take, on average, 16 months to get to court – even then courts are likely to take a lenient approach to many debtors. Is it worth going through this long, drawn -out process when the next stage is to call a company like ours to actually collect the debt?