Debt Recovery Agency
Credit Collections (UK) Ltd is a firm of debt
recovery agents situated in Dronfield, Derbyshire & was
established in 1985. Since then, Credit Collections (UK) Ltd
has grown from an initial start up business with 3 staff to become
one of the United Kingdoms leading debt recovery agents employing
over 20 people.
 Debt recovery agents provide an essential service
to many businesses, both large & small. They put cash back
into businesses thus improving the cash flow of those businesses
& making them more profitable. It could be argued that an
internal credit control department provides the same service
- however, debt recovery agents can often provide better results
whilst being more cost effective. The effect of third party debt
recovery agents becoming involved should also not be underestimated.
Often, a simple demand for payment from a debt recovery agency
can be the prompt a debtor requires to settle an unpaid account.
As leading firm of debt recovery agents Credit Collections
(UK) Ltd often places £200,000.00 of unpaid monies back
into its clients businesses each month. In 2005, the total amount
recovered by Credit Collections (UK) Ltd was in excess of £2
million. For this reason many leading businesses in the United
Kingdom use Credit Collections (UK) Ltd as their debt recovery
agents.
Many debt recovery agents provide additional services in addition
to the core business of debt recovery. Credit Collections (UK)
Ltd is one such firm of agents, providing legal services, enquiry
agents, process serving, company searches, credit reports &
company formations in addition to debt recovery services.
Alternatively, there are also specialist firms of debt recovery
agents who provide a single specialist service such as door to
door cash collection or vehicle repossession. These specialist
firms often receive referral work from debt recovery agencies
such as Credit Collections (UK) Ltd.
A number of debt recovery agents have their own in house legal
departments employing solicitors & legal clerks. Such firms
provide a real alternative to the traditional option of employing
a solicitor & often at a fraction of the cost. These debt
recovery agents also often provide a much more professional service
than a firm of solicitors, who may not be specialists in the
debt recovery arena.
Debt recovery agencies often have a less than desirable image.
However, in recent years much has been done to regulate debt
recovery agents to ensure that an efficient & ethical service
is provided at a reasonable price. Ensure that any firm of debt
recovery agents you consider engaging is regulated by the relevant
governing bodies & holds the appropriate.
| 1
Sheffield Road, Dronfield, Derbyshire S18 2DH |
Telephone:
01246 411931 Fax: 01246 290130 |
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