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Legal

Our Client…..

A client of ours started their own collection process of a ¬£15,000 debt in March 2009. They took the debtor to court, gained a Judgement and were offered a ¬£30 per month payment. In March 2012 they approached us for help. We advised that we could possibly gain full recovery in a short space of time. Through our intervention, after…read more →

Legal Bills

Don’t be worried about taking your collections legal. The small claims court is there to use and avoid high legal bills. The thought of large debt recovery legal bills are often enough to put the claimant off. At Debt Recovery we start with a seven day letter, plus e-mails and phone calls. When these fail to bring the debtor to…read more →

County Court Fees

Just to say everyone that uses the County Court needs to understand that they are a law un to themselves. It takes weeks to issue a Summons, is far more expensive than at first thought. It is all very well paying the court fee and expecting it all to take its course. Don’t forget, once a defence is submitted, you…read more →

Property Swindle

Two friends and money seldom the two go together especially as one was like Judas Iscariot betraying his so called friend and taking the spoils and to add insult to injury the original stake to boot. In this particular case the property was purchased in Banbury, Oxfordshire. Friend A, who for now we will call C, put up the stake…read more →

Bankruptcy

Bankruptcy

Unfortunately every so often we have to go to the end of the collection process and bankrupt someone. This week, ¬†just that happened. We are always firm but fair, we give our debtors every opportunity to come to a settlement agreement. We give more time than perhaps we should. We bend over backwards to collect the debt for our client….read more →

Property Swindle

Property Swindle

Have you heard the one about, the guy handing over cash to a friend to purchase a property? Then the so called friend stole all the profit including the original investment. Watch this space full details of how the investor was swindled and what is to be done in an attempt to collect the very long overdue share of the profits…………….to be continued

Bad Debt

Bad Debt

At Debt Recovery, we will honestly appraise debts passed to us. If it is considered a¬†noncollectable debt we will say so. Often debts are to old, the company has gone bust or the individual has no assets. Whatever the circumstances, Debt Recovery will advise on the action to take or not as the case may be. If the debt is…read more →