Debt Collection
Debt Collection can prove a costly and time consuming process for any business, regardless of its size. Having outstanding debts can put a lot of pressure on a business; it will certainly affect the cash flow balance of the business. Dealing with bad debtors can prove to be very stressful especially for businesses that are unfamiliar with the complexities of debt collection procedures. Generally debt problems can lead to legal proceedings being issued against the debtor.
At Business Services UK we take all aspects of debt collection seriously, regardless of the amount that is owed. Our aim is to relieve you of this burden and stress, therefore allowing you to fully concentrate on the task of running your business.
We have a team of consultants that will be able to assist you in the debt collection process, we can even help if the person owing the money has moved house. Our team of consultants are fully aware of current legislation and will be able to advise any business in the area of debt recovery or debt collection. We have generally found that a suitable solicitor’s letter to the debtor normally results in the payment being made.
In some cases there is the need for negotiations as a repayment plan may need to be put into force. Our consultants are experienced in dealing with these situations. Our aim is to recover the debt with the minimum of fuss and hassle, however saying that if ‘hard hand’ tactics are required then we have a fantastic legal team.
If you are struggling with your debt collection and you would like to speak to one of our consultants or receive more information on our debt collection service, then simply click the Contact Us button below.
