info@debtcollectinglondon.co.uk
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What We Do & The Cost

Are you owed money?

Our sole business is collecting your outstanding debts. (Regardless of how small the debt might seem.)

We are persisitent, professional and above all successful. Our approach is direct and purposeful.

First we listen to you. Next we gather all relevant information. Then we use our experience to ensure the best strategy for your specific case. Generally this involves a firm first letter direct to the debtor in question. This is then followed up with a personal telephone call often assessing the situation with the debtor and working out a solution.

However if your debtor is a company then the senior executive is our target.

Most of our cases are resolved after a few phone calls. Suing is a pity and usually unnecessary. We advise recourse to the Courts only as a last resort and only after full discussion with you.

The Cost

Our success fee is 15% of monies recovered for you after we are instructed.

No result - no fee
There are no hidden extras

Our clients find they have nothing to lose because they have usually exhausted their own efforts and are close to writing off the money owed.

There is a minimum charge of £20 (BUT, only out of money recovered by us).

We also invite the debtor to pay our fees. Some do. And where appropriate we ensure they also pay YOU your entitlement to Statutory interest.

Latest Articles on Debt Collection

Credit Control – Any fool can sell if he doesn’t expect to get paid

With 40 years of debt collecting behind me, it is a constant disappointment how many customers coming to me for help do not actually know who their debtor is. If you give credit, then you really need to know. “the Best in London.”  It does not matter a hoot when things go well. BUT when things go wrong there is a world of difference whether the debtor is a limited company or an individual. When the limited company fails to pay, suing is probably pointless. Often all that is likely […]

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Landlords letting residentially

Guarantors. A good tenant can be a pleasure. A bad one a disaster. About one in seven of enquiries at the moment are from sad landlords chasing residential rent arrears. Often they have no idea even where the ex-tenant has gone to. We tell them that they have been cheated and they just have to to get on with life. But they can learn. They took up references, but have they thought that the next tenant could be asked to provide a guarantor. The form is simple. Estate agents use […]

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Landlords, beware! (two possible lifelines)

We generally advise landlords trying to recover RESIDENTIAL rent arrears that unless they have a lot of time to spare they are on a hiding to nothing. The delinquent tenant, if they even know where he/she is, has cheated them and by the time they catch up with him will have left cheating the next landlord too. We work on a “no win no fee” basis, but recently we have relented and for a down payment are now prepared to help recovery. Just two things: 1) Our main hope is […]

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