Debt collection

Author
Discussion

edb49

Original Poster:

1,652 posts

207 months

Wednesday 5th March 2008
quotequote all
We've been shifting around various debt collection options over the past few years. Big solicitors, small solicitors, national debt recovery options, our own scary letters, small claims... you name it, we've tried it.

Recently we've been punting some debts to Gemini Debt Recovery, run by a PistonHeader jamesuk28. I must say that they've done a terrific job, I've been genuinely surprised by how many payments have come through. I can only imagine Gemini kidnap the debtor's children and send a pint of the child's blood every week until payment comes through, it seems that effective!

So big thumbs up to Gemini; well worth giving them a go.

Edited by edb49 on Wednesday 5th March 21:13

JamieBeeston

9,294 posts

267 months

Wednesday 5th March 2008
quotequote all
smile I was just about to come in here and say I'd heard good things about James... but here you are singing his praises smile

The Power of PH!

Boosted LS1

21,190 posts

262 months

Wednesday 5th March 2008
quotequote all
Whilst I appreciate the neeed to collect debts couldn't you reduce the risk in the first place? I hate being owed money.

jamesuk28

2,176 posts

255 months

Thursday 6th March 2008
quotequote all
Why thank you. Glad we are getting results for your company. The secret is we are a small company, every client is important to us, and having only a small amount of debts to collect at any one time (compared to the big nationals) means we can really concentrate on the job in hand.

That coupled with actually knowing the law regarding debt recovery helps as well. It is important to reduce the occurance of bad debts in the first place (in a perfect world and all that) and we do have some pointers on our main website.

The recovery process can take a long time, but we don't give up.

FUBAR

17,062 posts

240 months

Thursday 6th March 2008
quotequote all
jamesuk28 said:
Why thank you. Glad we are getting results for your company. The secret is we are a small company, every client is important to us, and having only a small amount of debts to collect at any one time (compared to the big nationals) means we can really concentrate on the job in hand.

That coupled with actually knowing the law regarding debt recovery helps as well. It is important to reduce the occurance of bad debts in the first place (in a perfect world and all that) and we do have some pointers on our main website.

The recovery process can take a long time, but we don't give up.
You havent denied the kidknap/blood-letting bit James scratchchinyikes

wink

jamesuk28

2,176 posts

255 months

Thursday 6th March 2008
quotequote all
FUBAR said:
jamesuk28 said:
Why thank you. Glad we are getting results for your company. The secret is we are a small company, every client is important to us, and having only a small amount of debts to collect at any one time (compared to the big nationals) means we can really concentrate on the job in hand.

That coupled with actually knowing the law regarding debt recovery helps as well. It is important to reduce the occurance of bad debts in the first place (in a perfect world and all that) and we do have some pointers on our main website.

The recovery process can take a long time, but we don't give up.
You havent denied the kidknap/blood-letting bit James scratchchinyikes

wink
For christ sake, we have only done that twice, now we never hear the end of it, I ask you!!!! there is more to us than the odd kidnap now and again.