Our Professional Legal Collection Services
UK Debt Recovery
As a small business, any interruption to your cash flow could have a major impact. Dealing with unpaid invoices and bills can be incredibly stressful and time-consuming. Professional Legal Collections works with you to take positive action and help you get back your money. Our team successfully recovers debt in excess of £750,000 every year.
International Debt Recovery
We regularly handle international debt recovery cases. Our team tracks debtors down around the world, across Europe, the US, South Africa, Asia – and beyond. Most countries have a reciprocal agreement to recognise judgments from different countries. We liaise with partner agencies to enforce the judgment and recover your debt.
Enforcement
There are a variety of different ways you can ‘enforce’ a judgment and recover your money. We will advise you on the most appropriate action, depending on the amount of debt and the circumstances of the debtor. Once you have decided how to proceed, we will manage the process on your behalf, making sure you get your money back as quickly as possible.
Tracing
To start the recovery process you need to know where the debtor is. As part of our debt recovery package, we offer a tracing service. This is particularly useful for landlords if a tenant has absconded. We track and trace people across the UK and all over the world, achieving a 90% success rate.
Instruct Us
PLC Debt has over 20 years’ experience finding debtors and collecting revenue for our clients. When you come to us with a problem, we will help you understand all the options and offer commercial advice so you can make an informed decision about pursuing the debt.
Have we contacted you?
We know that being in debt can be both a daunting and testing time and that some people can end up in debt because of circumstance, rather than through a situation of their own making. Our experts want to resolve your financial situation and get the debt cleared efficiently and without increasing costs.
Advice you can trust
PLC Debt has over 20 years’ experience finding debtors and collecting revenue for our clients. When you come to us with a problem, we will help you understand all the options and offer commercial advice so you can make an informed decision about pursuing the debt.
Fair and fixed fees
Our fees are some of the most cost-effective around and work on a percentage basis. Initially a base fee of 10% of the debt is charged (please note, there is a minimum fee of £50 and a maximum fee of £5,000) followed by a percentage recovery fee payable once we have recovered the debt. Where a matter is contested it will be necessary for additional work to be undertaken at our standard hourly rates. You will also be responsible for any disbursements incurred including court fees and searches.
Our percentage recovery fees are as follows:
- Debts up to £5,000.00 – 10% plus VAT
- Debts up to £15,000.00 – 8% plus VAT
- Debts up to £50,000.00 – 5% plus VAT
- Debts up to £1,000,000.00 – 3% plus VAT
- Debts over £1,000,000.00 – 1% plus VAT
In the event we are unable to recover the debt there will be no recovery fee payable.
What our clients say about us…
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Testimonials
Our other services
contracts
Contracts are vitally important for any business. Getting these wrong could have catastrophic consequences. Luckily for you our team of experts are on hand to assist.
litigation
Legal matters can be expensive and time consuming for any business. Our expert team are on hand to advise you without the need for legal jargon and headache. With years of experience dealing with both civil and commercial litigation you can be confident that your matter is in safe hands.
compliance
Compliance is a big part of running any business – it ensures that an organisation follows all relevant laws, regulations, business rules and ethical codes. To find out whether your business is legally compliant, contact our team now.
it services
Discover innovative IT solutions at PLC IT Services. Our certified team offers managed IT support, network design, cybersecurity, and more, tailored to drive your business forward
