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Recruitment

Debt Recovery Services for Recruitment Agencies in the UKUnpaid fees can disrupt operations for recruiters of all sizes, whether you specialise in permanent placements, contract staff or temp cover. When a client fails to pay, the time and cost of sourcing candidates goes unrecovered. We help recruitment agencies collect overdue…

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Shipping and logistics

Debt Recovery Services for Shipping and Logistics BusinessesLate payment is a widespread challenge across the UK shipping and logistics sector. With complex contracts, time-critical deliveries and rising fuel costs, unpaid invoices can cause serious disruption. We help logistics businesses recover overdue balances quickly and professionally, supporting your cash flow without…

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SMEs

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Sole Trader

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Which debt collection service is right for me?

When deciding the most suitable debt collection service for your needs, it's important to explore the different features within each of our service packages.Our range includes the classic Collections service, designed for handling rare, one-off debts.For those with a high volume of debtors and extensive credit control commitments, our Collections+…

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How does consumer debt collection differ from commercial debt collection?

Consumer debt collection involves retrieving unpaid amounts from agreements between a company and an individual, covering rent, bills, contractor fees, or personal loans. In contrast, commercial debt collection addresses unpaid invoices between two businesses, often tied to contractual disputes or non-payment for goods or services. Commercial debt collection requires a profound understanding…

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What happens if the company that owes me money is liquidated or dissolved?

When a company that owes you money goes through the process of liquidation, it means that the company is selling off its assets to pay back its debts. Liquidation is a formal process to resolve financial matters before the company is formally dissolved. However, if the company is dissolved, creditors can…

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How much does debt collection cost?

Debt collection costs vary based on your preferences. Opting for a commission-only approach with a 'no collection, no commission' guarantee ensures affordability without upfront fees, increasing the chances of recovering the majority of the debt.The flexibility to avoid long-term contracts and access additional services like enforcement guidance and insolvency proceedings…

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Is it possible to recover any costs incurred with professional debt collection?

Providing the debtor is a business, you're legally entitled to recover reasonable debt collection costs by adding them to the value of the outstanding debt. The amount you can charge ranges depending on the sum of the debt. You are entitled to charge an amount over and above one of these…

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How can I check if a company has gone insolvent or bankrupt?

You can search the government's free Companies House register or the London Gazette if you’re looking for an insolvent or bankrupt company. These websites offer free information on a company's insolvency status, including filing of insolvency-related documents. Examining the company's financial statements and notices on these platforms can provide insights…

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