When unpaid invoices show no sign of abating, and your clients refuse to pay, it’s time to seek expert help, but with so many options to choose from it can be difficult to know where to turn.
There are several advantages to using a leading firm of debt recovery solicitors rather than a traditional debt collection agency (DCA).
A complete end to end service
With J&P Credit Solutions you can expect a complete end to end service that meets all of your debt recovery needs. Unlike many DCAs we can effectively deal with both pre-legal collections as well as legal proceedings. This means that, once we have exhausted our collections strategy, we can seamlessly move your file from pre-legal to legal activity without the need to instruct a third party, thus reducing the need for external governance. As such, our service can be a more cost-effective, time-saving and convenient solution for you.
Our ability to effectively deal with almost any debt type in any industry sets us apart from other firms of solicitors and DCAs.
When default payers receive a letter from a solicitor they are more likely to make payment and engage with us to avoid the threat of proceedings being issued. Customers are aware that when we suggest failure to pay will result in legal proceedings we have the capacity to swiftly take action.
DCAs typically outsource legal services to a third party. As such, the transition from pre-legal to legal isn’t a smooth one and can often cause delays and increased external governance. Any delays will undoubtedly have a negative impact on the progress of your case and could also affect the likelihood of recovering monies owed.
Oftentimes people assume it would be more expensive to use a leading firm of debt collection solicitors than a DCA. However, we offer competitive collection rates and can tailor our fees to suit your requirements. What’s more, if you wish to issue legal proceedings we will consider the cost implications and advise whether this is a viable and cost-effective route for you to take. You may be surprised to find that our service is a lot more affordable than you think!
All UK firms of solicitors are authorised and regulated by the Solicitors Regulation Authority (SRA) and are required to meet strict guidelines. As a result you can trust that our service is compliant, ethical and transparent. What's more, you can rest assured that your brand and reputation are protected.
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