Debt Recovery

Navigating the intricacies of debt recovery demands expertise and tact.

Debt recovery

A Balancing Act That Drains Your Time

Staged Approach: A Step-by-Step Path to Recovering your money

We understand that debt recovery can be a complex process. That’s why we take a staged approach, methodically addressing each issue one step at a time. This ensures a focused, efficient, and transparent recovery process.

Here’s how it works:

  • Assessment & Strategy. We’ll work closely with you to understand the details of the debt and develop a tailored recovery plan.
  • Amicable Communication. Our team uses professional and effective communication tactics to encourage prompt repayments.
  • Escalation (if necessary). If initial attempts are unsuccessful, we’ll explore legal options with your full awareness and approval.
  • We’ll regularly review progress with you, adjusting strategies as needed, and keeping you informed with clear and concise reports.

Fast Debt Recovery, Maximum Results

Streamlined Processes

Our team utilises proven strategies and technology to maximise efficiency throughout the recovery process.

Clear Communication

We keep you informed every step of the way, minimising delays and ensuring a smooth experience.

Focus on Results

Our unwavering focus is on achieving the fastest possible recovery while upholding ethical and professional standards.

Debt Recovery with Clear Costs

Transparent Fees: You Stay in Control

Understanding Your Needs, Tailoring Our Fees

We understand that debt recovery needs can vary significantly from case to case. That’s why we don’t offer a one-size-fits-all pricing structure. Instead, we take the time to understand your specific situation and tailor a fee arrangement that perfectly aligns with your requirements and budget.

Your complete satisfaction is our priority. This includes ensuring you have full visibility and control over the financial aspects of our services. We will always obtain your written approval for any fees before proceeding. Additionally, we provide regular progress reports that detail not only the recovery efforts but also any associated costs.

By partnering with us, you can expect a quicker resolution, freeing up your valuable time and resources to be reinvested in your business.

Exhausted All Options? We Can Help With Court Action.

We understand that by the time you’re considering court action, frustration can run high. After all, you’ve exhausted other avenues to collect the money you’re owed. That’s where our expertise at Philip Elliott Associates comes in.

Our team has extensive experience navigating the complexities of the court system. We’ll work closely with you to develop a strategic approach tailored to your specific case. This ensures we maximise your chances of a successful outcome and minimise the time and resources you expend.

  • Client Notification: A firm but fair letter reminding your client of the outstanding debt and the possibility of court action can often be enough to prompt payment.
  • Delivering a Copy Summons: This serves as a formal notice of the potential legal proceedings if the debt remains unpaid.
  • County Court Proceedings: We’ll guide you through initiating court proceedings in the County Court, the most common venue for debt recovery. For larger, undisputed debts, we may recommend a statutory demand, a formal warning of potential insolvency proceedings.
  • High Court Transfer (if necessary): In complex cases, we can assist with transferring the case to the High Court, where enforcement officers have broader powers to recover the debt.
When your customers don’t pay you it can hugely affect your cash flow

Overcome Your Credit Challenges

Let Philip Elliott Associates free you up to run your business, while we deal with your credit management.