Debt Collection South England

Debt Collection South England

Are you based in the South of England and have not been paid the money that is owed to you?

Our team of experts have put together a list of recommended agencies to ensure you get your money back.

Of all the financial troubles that one can face, having money that is owed to you is one of the most common.

For businesses and private individuals in the UK, this is unfortunately something that has shown no signs of stopping.

In particular, this has become an increasing issue in the South of England in recent years.

Some of the locations in the South of England where unpaid debts are most prominent include London, Kent, Southampton and Brighton.

The places mentioned above contribute a large amount of money to the UK’s economy. This is why it is no secret why so many businesses and individuals are owed money in these locations.

Due to the large area in the South of England, there are many different scenarios in which money can be owed to someone.

The various ways in which a problem debtor could arise can be any of the following:

  • Commercial businesses not paying their invoices.
  • An employer who has underpaid you.
  • A debtor from another country owing you money.
  • Private individuals and customers not paying you for the work you have carried out.
  • Friends, partners or family members owing you money that you have lent them.
  • Tenants that have left the property with rent that was owed.

This large list of potential debtors may seem intimidating for some, and it is completely understandable as to why they would think that.

However, it is important to remember what to do when you are faced with the need for Debt Collection South England.

Debt Collection South England

Got Any Questions? Get In Touch Now

Our team of Debt Collection Experts are happy to help with your enquiries.

Debt Collection South England – The Options

For Debt Collection South England, you will need to know the options if you want to successfully recover the money that is owed. Like with every situation, there are good options and there are bad ones.

Making the right decision in the interest of debt recovery is extremely important. Making the wrong one can leave you in even more financial ruin.

One thing you should never do when carrying out Debt Collection South England is to try and recover the debt independently.

We have spoken to many clients whose initial perception of this method was that it was the easiest and most cost-effective – this is NOT the case.

Trying to recover money by yourself is going to be wasteful of internal resources and time and will also affect your cash flow.

This also means that you push aside value-based tasks such as growing your business.

Another outdated method is to use Solicitors to recover your debt.

Considering that 40% of lawyers in England and Wales work in London, you would be right to assume this as a credible option.

The issues that Solicitors pose is that they are notoriously expensive and show little signs of a successful result if any.

Not only this but the process of Debt Collection South England for Solicitors is drawn out resulting in a waste of your time.

There is only one true method for Debt Collection South England, which is to go through a specialist Debt Collection Agency.

Debt Collection South England – Our Recommendations

We have assisted thousands of businesses and private individuals in the South of England to find the right agency for their needs.

Our members provide only the best service for the collection of Commercial, Private and International Debts.

Commercial Debt Collection South England

Business Debts are usually centred around the late or non-payment of invoices, and any other financial issues that come with this.

For Commercial Debt Collection South England, our recommended agency is Federal Management.

Federal Management is the only Debt Collection Agency in the UK that is regulated by the Financial Conduct Authority (FCA). This provides their clients with peace of mind that they are a trusted provider.

Across their long history, they have worked in a large number of sectors and have built a high calibre portfolio of clients from this.

On all undisputed debts, Federal Management operates an on-average recovery rate of up to 90%. They also have industry-low commission rates from 6%.

They aim to provide the most cost-effective service in the UK by working on a No Collection Means No Collection Costs To Pay basis.

Private Debts Debt Collection South England

If you are self-employed, a freelanced worker or private individual, the category of Private Debts will apply to you.

For Private Debts in the South of England, our recommended Debt Collection Agency is Frontline Collections.

Frontline Collections have over 15+ years collecting all types of debts for private individuals in the UK and the South of England.

They are dedicated to providing an affordable service for those that are affected by problem debtors. They have done so for many clients across different industry sectors.

The most common sectors include Independent Schools, Nurseries, Dental Practices and Veterinary Clinics.

They have been recognised by industry organisations such as the Independent Schools Association. This is due to their continued levels of award-winning service.

Frontline Collections are able to provide you with a hassle-free and affordable service like no other.

debt collection south england
Finding the best debt collection agency can take a lot of time and careful research

International Debt Collection South England

Debts can also take form on an international scale as well as in the UK, which can make things even more stressful if you are unaware of how to handle them.

For the collection of International Debts, we recommend using Frontline Collections.

Their team of experts have been trained to combat the hindrances that are posed by debtors that are based overseas.

The many benefits to using these to recover your International Debts are:

  • Fully inclusive low-cost service
  • FREE initial assessment & investigation
  • Proactive and Professional approach
  • High Overseas Debt Collection Success Rates
  • International Network of Trusted Agents

The service that they have provided for many years enables them to collect debts from virtually anywhere across the globe.

Low Value Debt Collection South England

The vast majority of debt collection agencies have what is known as a ‘minimum debt value’.

This is the smallest debt that the agency in question can feasibly enforce, with lower amounts not normally being cost effective to do so.

Whilst this is understandable, it presents an issue for those who have debts which don’t meet this value.

For example, many agencies have a minimum debt value of £1,000.

For those with debts below this figure, Legal and Trade debt collection was founded.

Legal and Trade provide a dynamic and professional debt collection service for those who would otherwise have no option.

They are our choice for all low-value debt collection South England cases.

Debt Collection South England

Got Any Questions? Get In Touch Now

Our team of Debt Collection Experts are happy to help with your enquiries.

Leave a Comment