Does Debt Recovery have a Credit Consumer License?
No we do not collect consumer debt.
Is it possible to add interest to the debt?
In the UK, it is possible to add late payment interest. At statutory interest rate of 8% above base rate.
How can I contact you?
You can contact us via email or telephone us on: +44 (0)1386 584005
Legal fees, who pays them?
If possible the debtor will pay the legal fees, however legal fees as a rule are funded by you the claimant and re-claimed.
How much will it cost for our Debt Recovery?
Commissions start for a UK business to business debt at 8% of any monies recovered. International debt recovery commissions start from 12% commission rising to 20% depending on the debtors location.
Do we charge up front administration fees?
At Debt Recovery unlike a number of other debt recovery companies, we do NOT carge upfront fees.