Jacksons CRS
Debt Recovery Services
We provide a range of debt recovery services to businesses across the UK to help them retrieve money that is owed to them.
No Win, NO Fee
We know that dealing with debtors can be exhausting and a significant use of your time and resources. We are professional debt recovery specialists and aim to give you peace of mind that your debts will be recovered. We manage your debt recovery, leaving you free to run your business.
Our services are bespoke to your business; we will work with you to understand your organisation, keep you fully informed of the process and ensure the best outcome for your business. It is our aim to minimise the stress that debt recovery action causes. Our approach will depend on the debtor and the relationship that you have with them; we will either take a more discreet approach to maintain a long relationship or be more assertive with those you no longer wish to trade with.
We work on a no win no fee basis which means there are no upfront costs, hidden fees or subscriptions to pay.
We keep you updated regularly. Our aim is to recover your money, including interest and costs where possible, as quickly and effectively as possible.
Our professional debt recovery process
We like to take a careful and measured approach to your debtors, especially if you have a longstanding relationship that you would like to maintain.
Once the debt has been referred to us, we will take action within 48 hours and try to make contact with the debtor by phone or email. We will negotiate with the debtor and agree payment plans or mediate on any disputed matters.
When we communicate with your debtor, we will ensure that interest and costs are added to the debt as per your terms and conditions , or under the appropriate Act. Business to Business Debts Interest & Compensation fee is added to the debt under Section 5 of the Late Payment of Commercial Debt (Interest) Act 1998.
Legal Proceedings
Occasionally, court proceedings are necessary to recover commercial debts. We have close relationships with selected solicitors and can manage the process on your behalf, whilst giving you any advice or guidance necessary. We will monitor the proceedings and keep you updated at every stage. We will not undertake court proceedings without your prior consent.
When you issue legal proceedings through the County Court, the debtor will be sent a court form that requires them to pay the debt plus interest and costs within 14 days (not always, sometimes more/less). If the debtor defaults on this payment, the court’s final decision will be to issue a County Court Judgment (CCJ).
This gives you the power to take enforcement action to recover the debt and is also recorded against the debtor’s credit record, affecting their ability to obtain credit in future.
Jacksons CRS can organise and manage a wide range of debt enforcement services to collect your current and outstanding court judgments.
Commercial Debt Recovery Service
Whether you have a one-off issue or if you have on going bad debts Jacksons CRS will work for you to take away the hassle of chasing and obtaining payments.
We can work within any environment or business industry and we offer a personal, dedicated and professional commercial debt recovery service. We can manage debts of all sizes and volumes. We operate a ‘no collection, no fee’ service.
Every commercial debt is treated individually. Debt information is evaluated on receipt and a decision taken as to the quickest and most efficient debt recovery route.
Dispute Resolution and Management
Jacksons CRS Ltd commercial debt collection professionals are able to mediate to quickly resolve disputes without the need for time consuming and expensive litigation through HMCS courts.
If you wish to read about a previous client who has benefitted from this service, please take a look at our Plant Hire Company case study.
Submit your commercial debt recovery requirements today at info@jacksonscrs.co.uk
