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Debt Collection and Debt Recovery in Manchester |
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Until very recently, the debt recovery in manchester service started and stopped with the courts. However, times are changing and the method of debt collection in manchester going through the courts is no longer the most effective method to use. As a result of the perceived ineffectivness of county court bailiffs, hundreds of millions of pounds continues to remain unpaid. |
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Less than 20% of the total overall value of CCJ's is actually recovered |
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Over £900,000,000 is lost each year in unpaid CCJ's |
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In one year, 600,000 County Court orders were aborted worth an estimated £20,000,000 |
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Choosing to go down the county Court route can further increase the amount of monies you have to pay in the recovery of your debt, and, of course, that doesn't include the fact the debtor may choose to make a defence, which can then increase the costs by several thousands of pounds. |
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Is it not unheard of for companies to spend thousands in the collection of their debt, and got no further than where they first started, when a simple free telephone call to us could have saved thousands in costs, and months in wasted time in the recovery and collection of the debt in manchester. |
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