|
 |
| Efficient, cost-effective and reliable service
for the collection of commercial debts |
|
Debt Collection Service Limited (DCS) provides an efficient, cost-effective and reliable debt recovery service for business to business debts. Our very effective approach enables companies to reduce 'bad debt' and thus improve financial efficiency. The involvement of Debt Collection Service Limited will show your debtor that you are serious about collecting the debt(s) owed to you, and that you have engaged a professional company to help you to recover what is due to you. Do you have debts on your books? Are you considering writing off a bad debt? Do you have unpaid invoices? Are you spending too much time contacting debtors? We can help you to collect what is due to you, thus enabling your business to operate effectively. We specialise in business-to-business debts, and use an effective range of measures to encourage your debtor to settle their debt to you without further delay. For your ongoing customers we can use a 'softly-softly' approach to let your debtor know that you are serious about recovering the sum due to you, and at the same time minimising any harm to the ongoing relationship with your customer. For ex-customers, and others owing you money, we can impress the importance of making prompt payment, and also explain the consequence of payment not being forthcoming. We write to your debtor on receipt of your instructions, and aim to telephone them within a few days of them receiving correspondence from us. This helps to stress the importance of the matter, and provides the debtor with an opportunity to raise any queries. Debtors are instructed to make their cheque payable to our client, but to send the cheque to our offices. This enables us to monitor the effectiveness of our intervention and avoids the need for us to regularly check progress with our client. We advise clients on their rights under the Late Payment of Commercial Debts (Interest) Act 1998, and associated legislation. Clients are usually able to charge their debtor their debt recovery costs, and the chargeable amount usually exceeds our charges. Our charging structure is simple (and cost effective), and will be explained in detail before we commence work for you. We offer substantial discounts for bulk contracts, and would welcome the opportunity to discuss this in more detail. We do not offer any so-called 'no win, no fee' arrangement. Instead we charge a very reasonable 'Instruction Fee' and then charge a 'success fee'. On business-to-business debts, even after deduction of the 'instruction fee' and 'success fee' the client still receives more money than the value of the debt initially referred to is.
Useful Links:
Debt Collection Service Limited
Complaints Policy
|
|
|
