Can you believe how ill informed creditors can be. Although a County Court Judgement was gained by a creditor last week and the debtor given 14 days to pay. The creditor believed that the debtor would just roll over and pay the County Court Judgement – Hello, wake up! Was the research done by the recovery company and Solicitors prior…read more →
On occasions we come across Solicitors that quite clearly rip their clients off. In this particular case, we know of a well known firm based in Cheltenham, Gloucestershire that charged in excess of £3000.00 when they hadn’t got a hope in hell of recovering the money from the debtor. 1.Did they actually look into the debtors ability to pay the…read more →
During the month of July Debt Recovery had a number of significant collections. Not only in the United Kingdom but from as far away as China. After a ten month ordeal with an Egyptian company finally we can report success to the value of £27,500. We are collecting on a constant basis from all over Europe using a number of…read more →
It is not uncommon to collect debt when one party, the creditor is in one country, the debtor in another and the collection company in yet another. This has happened recently with the creditor in India, the debtor in Dubai and our UK office dealing with the collection. In another case, we have a Chinese company chasing a debt here…read more →
This week has been yet another very successful week for www.debtrecovery.co.uk. We have cleaned up a number of old debts for clients. Several through the services of the High Court Enforcement Officer. At Debt Recovery we seldom use the County Court Bailiff, we find them ineffective. However the High Court Enforcement Officer, works on a commission basis and therefore like…read more →
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 →
After approximately nine months of hard work a debtor was finally bought to book today. From the first approach with a seven day letter, followed by a Statutory Demand which was successfully Set A Side. Followed by a County Court action. Judgement was gained on March 12th 2013 but not settled. The High Court Enforcement Officer was instructed and today…read more →
Debt recovery is the process of collecting an outstanding debt from a debtor. Debtors can be of two types; individuals or companies. A creditor can recover the money by itself through a recovery agency. The latter happens when a business is unable to collect the money by itself. There exists several types of debt recovery agencies and the one a…read more →
Sometimes it is strange how debtors are served with a County Court Summons, put forward an outrageous defence and then make an offer of payment. What is important to remember an offer is an offer and sometimes it is important to consider all aspects of the recovery process. What is it going to cost to take the matter all the…read more →
If you have ever thought you could make a living in the world of debt recovery. Then look know further, why not have a look at www.debtrecoveryfranchise.co.uk and read about how you could earn a good living collecting debts. It is not easy, it is not for everyone. It takes a lot of net working but if you put the…read more →
