Debt Recovery Letters – Bridge Newland
As an alternative to a debt collection company or a solicitor, Bridge Newland based in Rugby, Warwickshire, in the Midlands area can assist you with debt recovery by issuing strict legally worded letters to your customers demanding immediate payment of overdue debts. We charge a flat sum of £50 plus VAT per letter for this service.
Debt Collection Support
Our experience of debt collection is extensive and we have found that a legal letter to your debtor from us as Insolvency Practitioners can often result in payment where others might fail. This is due to the fact that the debtor becomes aware that as you have needed to contact an Insolvency Practitioner for advice and assistance with the matter then the result of their continued non payment could mean a formal insolvency for you and their contacts being terminated or works being incomplete.
It should however be noted that this can also work the other way and cause a debtor to withhold payment indefinitely and therefore care should be taken when deciding which debtors would react to a letter from our office by making payment. Should you feel that a letter from this office would not be the most beneficial to you then we can also help advise you on what actions are available to you and what you can say in your own debt recovery letters therefore get in touch with us on our free phone line on 0800 612 6197 and we would be more than happy to help.
We also work with a number of debt collection partners therefore if not suitable for us to chase then we will recommend someone who will.