Whilst the Debt-Claims portal is uniquely designed to suit all client types, in this article we look at how Debt-Claims can help credit controllers recover debt owed and decrease future late and non-payers.
Complementing Your Existing Processes
All too often, debtors will push their credit terms knowing that they can pinch an extra 30, 60, or even 90 days from their supplier without any penalty incurred. This can lead to repeat debtors exploiting your processes, causing you financial strain.
With Debt-Claims, our focus is on getting you paid in as short amount of time as possible. Our effective pre-legal letters have been designed by experienced lawyers who know the firmest way to recover money, yet remaining fair and focused on retaining the relationship between you and your customer.
As an ideal follow-up to any in-house procedure that you have, our letters will let your customer know that you are now represented by a leading West Midlands law firm. Very often, a solicitor’s letter is all that is needed to get serial debtors to sit up and take action on their responsibilities. Crucially, with the choice for you to add interest and compensation on top of the invoice balance, a debtor will rethink whether they let their account slip in future.
Late Payment Demand (LPD) – Our LPDs are an informal demand for payment from your debtor. Starting from just £2.50, we will write to your debtor demanding that payment be made within a time frame set by you. Our LPDs focus on reminding the customer that payment is due without resorting to court proceedings.
Letter Before Action (LBA) – For the more stubborn debtor, our LBAs (starting at £12.50) are compliant with the Civil Procedure Rules (and the Pre-Action Protocol for Debt Claims) meaning that you can rest assured that you have done everything possible to resolve matters before legal proceedings.
Money Claims Online – Whether you send an LBA through Debt-Claims or internally, you can quickly and easily follow up your pre-action processes by submitting proceedings online via our portal.
Whichever service you require, our unique algorithm takes every bit of information that you enter and creates a bespoke letter (or claim proceedings) suited specifically to your individual matter, giving you a tailored service for a fraction of what a law firm traditionally charges.
Single Instructions or Bulk Referrals
Whether you want to refer matters individually or by bulk, then speak to us to today. Our I.T. team can create an API (Application Programming Interface) that allows our system to speak directly with yours, creating a seamless and almost-instant case referral process.
Upfront and Clear Pricing
We know that the importance of pursuing debtors is mirrored with ensuring that costs are proportionate. At the onset of any action, our fixed prices are all displayed before you commit to purchasing any service, giving you full control and foreseeability over what you spend.
All of our services give you the option to add interest, compensation, or contractual costs meaning that very often the additional sums that you claim are in excess of our fee, ensuring that you are not left out of pocket through your debtor’s actions.
How do I get Started?
To get started, head over to our log in page and sign up for an account. From there, you can select the service that you require.