The longer a debt remains unpaid the larger affect it will have on the creditor. It can affect liquidity in the case of a business or affect take home earnings for sole traders or individuals. Reminding your debtor about the possibility of seeking court proceedings or obtaining court orders is one method of collection.
Compare Debt Collection’s partner agencies can advise on the merits of seeking court action including filing for a CCJ or high court judgment, as well as looking at winding up petitions or seeking insolvency procedures. If you are looking for debt collection either pre court action or through the legal route, complete our form and we will find a debt collection provider suited to you.