Hello!
Sign in
or
Register
home
my infointel
database
post up an invoice
pay an invoice
arbitration
disputed invoices
invoicing advice
debt collection
legal action
register
contact us
useful Links
Debt Collection
The advantages of using an agency are that:
They have the time, expertise and resources needed for the job.
It can be a fast method of recovering debts so will save you time.
If the debt collection agency is polite and professional, you may retain the customer - assuming you want to. This is unlikely to be the case if you take legal action.
The agency can instruct solicitors on your behalf if the customer still refuses to pay.
The disadvantages are that:
the commission on the money recovered is typically 8 to 10 per cent for commercial debts
you may lose the customer
if the agency is heavy-handed, your reputation may be damaged
Debt Collecting Agents
If you would like to use one of our recommend debt collection agents please
contact us.
4 Million self-employed in the UK
