The majority of debt recovery agencies offer a debt collection letter before action to their clients, commonly known as a Letter Before Action. These debt collection letters take the form of notifying their customer that unless the account is paid within 7 days, then legal action may ensue. Unfortunately in many cases this course of action usually means the trading relationship between the two parties is close to failure.
Debt Collection UK offers a complete debt collection letter service and will also design a bespoke template to suit your requirements. Perhaps you may require a less aggressive approach for certain customers? We have a number of clients who recognise that in these extremely tough trading times it is not only important to get paid in a timely manner but in some cases they would like to retain the customer for ongoing trading.
Debt Collection UK is a well-established commercial debt recovery agency with a number of clients who we act for on a regular basis using a customised debt collection letter. The correspondence will consist of a timely reminder to their customers that whilst they are grateful for their business, their account needs paying within the terms agreed. In addition, we will also point out the fact that the supplier (our client) is entitled to use the Late Payment Act Of Commercial Debts (interest) Act 1998 as amended and supplemented by the Late Payment Of Commercial Debts Regulations 2002. For further information on these regulations you can download a pdf file: click here.
We have a number of clients throughout Lancashire from Preston to Colne together with debt collection Rossendale clients who we regularly act for. In one case our client’s external accountant commented that the cash flow has taken a marked improvement over a 12 month review whilst using our debt collection letter service.
So why not contact Debt Collection UK to discuss a tailor-made debt collection letter designed specifically to suit your own individual requirements.
Remember, we provide affordable, reliable commercial debt recovery services that can be tailored to suit your needs, so contact us now.
Want to know more? Get in touch today to discuss your requirements!
tel: +44(0)1706 230 690
email: info@debtcollectionuk.org.uk
