Debt recovery
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Discussion

sone

Original Poster:

4,612 posts

269 months

Thursday 26th March 2009
quotequote all
I have a client who owes me money for works carried out last October. No problem with the work just won't pay and is now ignoring any correspondence phone calls etc.
It's not a lot of money just a couple of thousand pounds but I need to look at sorting it out. I've been told about online recovery services but wondered if anyone could recommend such a service or have a better idea.


cheers

Steve

oggs

8,817 posts

285 months

Thursday 26th March 2009
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Contact Jamesuk28 a PH'er who has helped many here smile

Kermit power

29,622 posts

244 months

Thursday 26th March 2009
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I would've thought for that amount of money, it's worth going through the small claims court? It is apparently a pretty straightforward procedure - it's designed so that an individual can do it themselves - and you'd save yourself whatever fees a debt collection agency would charge.

jamesuk28

2,176 posts

284 months

Thursday 26th March 2009
quotequote all
Kermit power said:
I would've thought for that amount of money, it's worth going through the small claims court? It is apparently a pretty straightforward procedure - it's designed so that an individual can do it themselves - and you'd save yourself whatever fees a debt collection agency would charge.
1. We usually get most or all of our fees paid by the debtor, a simple addition to the clients terms and conditions along the lines of "In the event of an account remaining unpaid we reserve the right to charge all reasonable debt collection costs" will suffice.

2. The small claims procedure is only simple if the debtor does not defend, then it can become a bit confusing for the layman ie Allocation questionnaries.

3. Getting a Judgment is the easy bit, actually getting paid is not. Most claimants throw money away on inappropriate enforcement measures, companies like mine can save a lot of time and money by knowing what is likely to succeed and what is not.

4. Small claims procedure may not even be required in some cases to enforce payment.

ETA In a good percentage of cases we recover funds without having to resort to lenghlthy court proceedings

Edited by jamesuk28 on Thursday 26th March 09:59