Debt Collection St Helens

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St Helens is one of the most well-known names in the UK.

Famous for its glass-making history, it is a household name amongst businesses and private individuals across the country.

Situated between some of the main routes in the area, the town is popular in industry and population.

Being one of the main industrial areas of the North West, St Helens has a high business turnover.

This is both for companies and private individuals.

As such, there are inevitably people and companies who do not honour their agreements. This generates a need for those who need debt collection St Helens solutions.

Debt Collection St Helens – What to do if you are Owed Money

Regardless of if you are a business or acting independently, if you are owed money you will need a solution.

There are many options to recovering debt and knowing which one you should choose requires careful consideration.

For example, the first thing that many people do is try to recover the debt themselves.

Whilst this can sometimes work, more often than not it results in frustration and wasted time.

If a person is determined not to pay you, then they will go to incredible lengths to avoid doing so.

If you are a business, then spending time attempting to collect a debt means that you are not performing any normal duties. This might mean that the cost of the debt is increased because of this.

For example, a team of 3 people may spend days’ worth of company time attempting to collect a debt. The result is not guaranteed, and during this time value-based tasks which grow the business are not being completed.

Some people opt to enter court proceedings right away. Whilst this can be effective as well, it is an incredibly expensive and time-consuming process.

Cases can take a very long time to get any sort of resolution and legal fees are costly.

As well as this, quite often the only outcome is one which leads to yet more time spent in the courts.

For example, you may spend months’ worth of time and money only to be granted the option of claiming for a CCJ.

This means that you will then have to go on to spend even more to be able to recover the debt.

By this point, the debt’s value may well have been overshadowed by what you have spent on recovering it.

The best option is to instruct the services of a professional debt collection agency.

They are able to enforce collection of a debt as well as take all the necessary steps to recover it.

This is usually provided at a lower cost. By doing some research and comparisons you can find a better price from agency to agency.

The biggest benefit of using a good debt collection agency is that they can recover your money in a timely manner, whilst maintaining your relationship with the debtor.

For businesses, this is crucial.

Debt Collection St Helens – How to Find the Best Agency

Instructing a debt collection agency is the best option for recovering your money.

However, it is important to remember that not all debt collection agencies are the same.

Choosing one is a critical decision which should not be taken lightly.

If you do a web search for ‘Debt Collection St Helens’, you will see a long list of options.

Without a prior knowledge of what constitutes a ‘good’ debt collection agency, many people simply search for the agency with the lowest costs.

This is not always a good thing, as the expression ‘if you buy cheap, you buy twice’ is the least consequential outcome of using a ‘bad’ debt collection agency.

For example, a good debt collection agency will be one regulated by an official oversight organisation.

Examples of this could include the Financial Conduct Authority (FCA), or the Credit Services Association (CSA).

An excellent hallmark of quality is the ISO:9001 accreditation. Also, any agency that is a member of the UK Debt Collection Bureau can be trusted to provide leading service.

Finding the best agency to provide debt collection St Helens solutions can be difficult.

Our in-house debt collection experts have hand-picked the leading agencies for you. These recommendations represent our picks for any debt collection matters in St Helens.

Commercial Debt Collection St Helens – Federal Management

Due to the high number of businesses operating in St Helens and the surrounding areas, there are inevitably cases where debts are created.

When this happens, business owners and credit-control teams need a solution. This must be effective, quick and provided at a low cost.

For all business debt collection cases in St Helens, we recommend Federal Management.

Federal Management is the UK’s leading commercial debt collection agency. Their headquarters is based in Skelmersdale, which is only a short 10-minute car journey from St Helens town centre.

Since 2004, Federal Management has provided an exceptionally professional service. They have a collection rate of 90% on undisputed business debts, putting them at the front of the pack.

As well as this, they also provide a free pre-action appraisal of all debts.

They are the only UK debt collection agency to be both regulated by the FCA, as well as being a member of the UK Debt Collection Bureau.

This gives their clients peace of mind that their debts are being handled by the UK’s leading commercial debt collection agency.

Personal Debt Collection St Helens – Frontline Collections

As well as businesses, private individuals in St Helens need to call on the services of a debt collection agency.

This may be to recover money loaned to a friend or relative. It might be to recover a payment that an employer has failed to pay.

Regardless of the circumstances, our recommendation for all private debt collection matters in St Helens in Frontline Collections.

Frontline Collections also help those who are self-employed or who are working as a freelancer recover their fees from non-paying customers.

As well as this, Frontline Collection specialise in recovering debts from every working sector possible.

Some examples of this include the Dental, Veterinary, Nursery and Private School sectors.

Frontline Collections is regulated by the CSA and is also a long-standing member of the UK Debt Collection Bureau.

As well as this, they have won many awards in throughout their long history. The most recent being the ‘Gold Preferred Supplier’ award from the Independent Schools Association (ISA).

International Debt Collection St Helens – Frontline Collections

Due to the high number of both domestic and international trade done in St Helens, there is a need for overseas debt collection services.

Our recommendation for international debt collection services in St Helens is Frontline Collections.

Whilst they provide the UK’s leading private debt collection solution, they also deliver the best international debt recovery available.

With a global network of trusted debt collection agents in every nation, Frontline Collections can recover debt from virtually anywhere in the world.

One of the biggest obstacles to overcome in the recovery of an international debt is a familiarity of the laws and rules in each country.

Every nation has its own laws for the collection of debt. Frontline Collections’ agents have this knowledge, and this is the key element in their ability to recover overseas debt.

Low-Cost Debt Collection St Helens – Legal and Trade

Many debt collection agencies set ‘minimum debt value’. This means that they will usually not take on a debt if it is below this value.

However, there are still many businesses and individuals in St Helens who need their debt collecting, even though it is below this figure.

For low-vale debt collection services, we recommend Legal and Trade.

Legal and Trade will take on any debt, regardless of the value. This is a great service for those who would otherwise be turned away.

Debt Collection St Helens – How We Help Find The Best Agency

By using our debt collection agency referral service, you can find the best debt collection agency for you.

This service is completely free, and is available to anyone.

Speak to one of our friendly debt collection experts for help today.