Debt Recovery and Debt Collection
We are a Debt Recovery Agency that believes in taking firm and decisive action. Our debt recovery services aim to collect your money swiftly, efficiently, and whenever possible, without the need to resort to a sometimes lengthy and costly legal battle.
Information is key. We understand that no two debts are the same. Before we embark on any action, we, therefore, collate as much information as possible about the debt, how it was incurred and in addition, the business and personal circumstances of the Debtor.
To assist the efficiency of our collections, we rely upon the use of artificial intelligence, supplied by our partners, namely Equifax and Experian. Our experienced Case Managers analyse essential information and data to help us decide the best, quickest, the most efficient and appropriate route to collect your debt.
We aim to secure immediate payment, or reach an enforceable settlement quickly on your behalf; this can include visiting the place of work and home of the debtor speedily to collect the debt in person.
All of our debt collection services are compliant with GDPR laws and regulations.
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Our Debt Recovery Services
We have a range of fully-managed debt recovery services available:
To speak to one of our debt recovery advisers please call
We are available until 8.00 p.m. Monday to Friday.
Debt Recovery Services that can get Your Money Back in Three Working Days! *
Fast and Effective Debt Recovery.
Do you want your money back within three working days?
- We have over thirty combined years’ of experience in the debt collection industry, with an average success rate of 93 per cent.
- Our no-nonsense approach will often mean we can get your money back within THREE Working Days!*
- For debts that are owed by a limited company, we don’t normally use statutory demands!
Debt Recovery Frequently Asked Questions
What is a statutory demand?
A statutory demand is a formal legal demand seeking immediate payment of a specific debt. A limited company must owe more than £750 and an individual more than £5,000 for this process to be valid. Upon receipt, the debtor has 21 days in which to pay the amount owed. If the amount is not paid within those 21 days, the creditor can, in the case of a company, present at court a winding-up petition, or a bankruptcy petition (for an individual).
What's the Downside of Using a Statutory Demand?
In the case of a limited company, three weeks can be a long time in business before you can start court proceedings, since, in those three weeks, a company can be put into administration, by either its directors and or shareholders, or by a floating charge holder.
Directors and or shareholders can also apply to have the company placed into liquidation or a CVA. In such circumstances, you have no control over the proceedings and the company officers can dissipate its assets (“asset-stripping”), invariably putting them out of reach of creditors. Time can therefore be of the essence.
Debt recovery That Puts You in Control
First Capitol debt collection puts you in control.
All methods are tried and tested. By using our service, you will have access to a wealth of experience and expertise, which can significantly improve your chances of recovering what is owed.
*Please note: No two debts are the same; we can never, therefore, guarantee the outcome of any case, or that we can get your money back within three working days. For free no-obligation advice, call us today.
Debt Recovery and Debt Collection Benefits:
- Our Debt Collectors are totally professional and have a good understanding of compliance and current legislation regarding the debt collection process.
- We adopt a no-nonsense attitude and are fully aware of nearly most of the delaying tactics and excuses used by debtors.
- We can provide professional Doorstep recovery, nationwide (for more information about this service, visit here)
- For limited company undisputed debts, we don't normally use Statutory Demands. Our three-day letter before action is much quicker.*
*Subject to debt size
- For commercial debts, we can claim interest, recovery costs, and compensation on your behalf.
- "Simple” interest can be added at 8% above the Bank of England reference rate pursuant to the Late Payment of Commercial (Interest) Act 1998.
- Compensation can be claimed for each invoice; £40 up to £999, £70 up to £9,999 and £100 over £10,000.
"No two debts are the same; therefore, we will never sacrifice quality for quantity."
Our Debt Recovery and Debt Collection Services Include
- Free consultation
- No win, no commission
- Dedicated case manager
- We provide process serving
- Court correspondence management
- Debtor Investigation/Pre-sue reports
- We can trace absconded debtors
- Unlimited payment request via letters, phone, email & text
- We can provide doorstep collection visits
- Lay assistance to high court escalation
- Referral to our Direct Access Counsel**
**For Debts in Excess of £10,000.
We endeavour to keep things simple and straightforward. In using our service, we work to eliminate any stress you might have endured trying to chase payment. We provide free and confidential advice six-days a week. Our case managers are available from 9 am. to 8 pm, Monday to Friday and on Saturdays from 10 am. to 4 pm.
For more information, or to discuss your particular requirements, please call 03333 444991.
Enquire now to get started or read our case studies here
Contact Our Debt Recovery team to discuss your debt collection requirements
Discuss your debt collection needs with an experienced Debt Recovery recovery consultant
We'll start the debt recovery process by contacting your debtors to arrange debt collection
Using our specialist debt recovery techniques, we will collect the amount you are owed together with debt interest
