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Debt Collection Agency Nottingham

Need help collecting a debt?

We help businesses inside & outside Nottingham collect debts in Nottingham & nationally.

Jack Russell is one of the East Midland’s most prominent debt recovery services. With an office in Northampton and a national team of process servers, we can help you recover your money faster.

We cover the whole of Nottingham and the East Midlands along with Leicester, Derby and Northamptonshire. We are well known and respected in Nottingham and enjoy a long track record of helping many of the East Midland’s businesses recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results, call 0800 068 5151 now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Nottingham & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Debt Collection Agency Newcastle

Newcastle debt collection agency

We help businesses inside & outside Newcastle collect debts in Newcastle & nationally.

Jack Russell is one of Newcastle’s most prominent debt recovery services. With a national team of process servers, we can help you recover your money faster.

We cover the whole of Newcastle and the North East of England. We are well known and respected in Newcastle and the North East and we enjoy a long track record helping many of Newcastle’s businesses recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results, call 0800 068 5151 now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Newcastle & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Debt Collection Agency Manchester

Need help collecting a debt?

We help businesses inside & outside Manchester collect debts in Manchester & nationally.

Jack Russell are Manchester’s most prominent debt recovery service. With offices in Central Manchester and a team of process servers, we can help you recover your money faster.

We cover the whole of Manchester and the North West of England including surrounding areas. We are well known and respected in Manchester and are members of the prestigious Manchester Chamber of Commerce. We have a long track record helping many of Manchester’s businesses to recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results call0800 068 5151 now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Manchester & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Debt Collection Agency London

London City Centre Debt Agency

We help businesses inside & outside London collect debts in London & nationally.

Jack Russell is one of London’s most prominent debt recovery services. With offices in the prestigious Convent Garden and a team of process servers, we can help you recover your money faster.

We cover the whole of the capital including surrounding regions. We are well established, respected and are members of the prestigious London Chamber of Commerce. We have a long track record helping many of the capital’s businesses recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results call (0) 800 068 5151  now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • London & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Debt Collection Agency Leicester

Leicester support for bad debts!

We help businesses inside & outside Leicester collect debts in Leicester.

Jack Russell is one of the East Midland’s most prominent debt recovery services. With an office in Northampton and a national team of process servers, we can help you recover your money faster.

We cover the whole of Leicester and the East Midlands as well as Nottingham, Derby and Northamptonshire. We are well known and respected in Leicester and enjoy a long track record of helping many of the East Midland’s businesses recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results call 0800 068 5151  now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Leicester & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Clearing bad debts

We offer this service starting with your ‘virtual credit control department’ right through to our Legal department in issuing a claim.  Our team of credit controllers will persist in calling your debtors to ensure your ledgers are cleared.  80% of your debts should be cleared this way and the remainder we can obtain a county court judgement on your behalf.

In just seven days, a Courier company based in Cumbria achieved success of over 85% recovery of outstanding debts by using our credit control team of telephone specialists. Thanks to positive and professional management put in place by Jack Russell, they have retained the ongoing working relationship with their clients.

A Telemarketing company near Manchester needed to retain their current customer base and clear their bad debts at the same time.  By using our telephone specialists, they were able to achieve this without having to issue any final demands or legal action.

Employing our Specialist Credit Control team can mean retaining your customers and continuing doing business with them while clearing your bad debt ledger.

Contact us for more information about clearing your bad debts.

Debt collection agency Leeds

Need help collecting a debt?

If you are located in or around the Leeds area, we have local offices who are collect debts in Leeds.

Jack Russell is one of Yorkshire’s most prominent debt recovery services. With a national team of process servers we can help you recover your money faster.

We cover the whole of Leeds, Yorkshire and the North of England. We are well known and respected in Leeds and enjoy a long track record of helping many of Yorkshire’s businesses recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional debt collection agency to deliver unrivalled results, call 0800 068 5151 now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Leeds & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Collecting bad debt in Derby

Need help collecting a debt?

We have offices close to inside & outside Derby areas.

Jack Russell is one of the East Midland’s most prominent debt recovery services. With an office in Northampton and a national team of process servers, we can help you recover your money faster.

We cover the whole of Derby and the East Midlands as well as Nottingham, Leicester and Northamptonshire. We are well known and respected in Derby and enjoy a long track record of helping many of  the East Midland’s businesses to recover their debts faster.

Our network of UK offices ensure the most difficult of debts are rapidly recovered. If you require an affordable, professional, debt collection agency that delivers unrivalled results call 0800 068 5151 now and inject your cash flow today.

Why Jack Russell debt recovery services?

  • No collection – No fee. Guaranteed!
  • Derby & national coverage,
  • Proven track record of debt recovery,
  • Peace of mind,
  • Serve all your legal documents,
  • Speed & collection from your premises,
  • Strong quality controlled assurance,
  • Competitive rates.

Alternatively, please complete your details via the contact form and a member of our team will contact you to discuss your requirements.

Debts: to collect or not to collect?

 

My first experience of debt collection came as an 11-year-old lad tramping the streets of many council estates in order to collect the money for the milk that I had delivered weeks before.

Of course, I didn’t know then, that this hands on approach would serve me well in the 40 odd years that I have since worked in the debt collection industry!

Collecting money goes back a long way. In ancient civilisations they would force debtors, their wives and children into debt slavery until the creditor recouped their losses through physical labour. Thankfully things have changed for the better but it is still a massive challenge for small businesses to keep on top of this problem.

Small firms currently account for around 99 per cent of all private sector business in the UK. Managing cash flow is the biggest single factor in the demise of those businesses so debt collectors still play a very important role in keeping the wheels of industry turning.

Basic

There are still a lot of basic rules that can be applied before the business necessarily needs the services of a debt collection agency. For example, it is crucial that clear payment terms are not only included in the contract between businesses but also re-emphasised on the actual invoice. 30 days is standard as it ties in with the same terms that most employees are paid and also suppliers. Some industry sectors may impose shorter payment terms

Encouraging customers to pay online and offering a small discount for prompt payment will u assist businesses in the avoidance of bad debt The same can be said for setting up standing orders with clients that you may have regular dealings with and this is common practice for accountants, who should know a thing or two about finance. Using a credit controller or a bookkeeper who can provide weekly or monthly lists of overdue accounts is also good management practice.

Difficult

If your customer becomes difficult and either won’t pay or is not in a position to pay it may be worth considering using an external debt collection agency.

There are a number of important factors to take into account before instructing a third-party collection firm:

• How long have they been established?

• Have they provided references from customers who have been satisfied with their services?

• Do they have clear terms and conditions?

• Are they charging you money upfront? Not acceptable in my view, the exception being for court fees or disbursements.

• Are the company or their directors, members of any professional organisation? Look for membership of an appropriate professional association.

Settlement

Ensure also that they are not simply a letter writing service, as many agencies are. A pro-active company that will visit your customers to ensure that they are still trading and to negotiate a settlement is essential. An in-house legal department is also useful so that they are also able to institute legal action on your behalf or indeed the issue and service of a legal notice known as a statutory demand which is a very useful tool for undisputed debts

Finally, be advised that they need to be working in partnership with firms of lawyers so that any complicated or disputed case can be effectively dealt with either through professional mediation or through the county court system.

A collection agency is more relevant now in 2015 than ever and can provide an excellent one stop shop for any accounts that go beyond your normal trading terms.

Kerry Bland

Director of Jack Russell Debt Collection & Legal Process Servers

 

 

Are you credit checking all of your customers?

The majority of UK businesses will have in-house procedures for credit checking, however, it is not always your new customers that may be your biggest risk. If you took on a customer three years ago, who is to say that their circumstances have not changed? They may now have County Court judgements registered against them or have failed to submit their last set of accounts on time. It is worthwhile having a system which constantly updates fresh credit information.

Payment terms

You may have set these terms at the outset of your business but it may be worth changing needs to improve your cash flow. For example, if you originally set these at 30 days why not reduce them to 14 days to allow you to chase your outstanding invoices quicker.

Clear and concise invoices

To cut down on the amount of queries which is a costly exercise for any business, make sure you have clearly itemised individual goods and in the case of services that the hourly rate or commission is also clearly detailed

Outsourcing

To give any third-party collection agency the best chance of recovering your outstanding debts, try and pass these on no later than 30 days after your invoice becomes overdue.

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