Debt Collectors Glasgow Scotland

Share this post!

Debt Collectors Glasgow Scotland

Are you based in Glasgow, Scotland and are in need of a debt collection agency to recover money owed to you? At Debt Collection Glasgow, our purpose is to put you in touch with the right agency to help recover your money in a low-cost, hassle-free way.

In recent years, the number of those needing a debt collection agency in Glasgow has increased dramatically. As more options become available, it is becoming increasingly regular for businesses to use specialist debt collection agencies rather than the traditional methods such as solicitors.

Solicitors are typically t very expensive and it can take a while for a resolution to be made, whereas with Debt Collection Agencies these come with a lot more benefits with high collection rates accompanying this.

One of the many benefits include having a superior success rate than most legal methods as many agencies will provide a “No Collection – No Cost” service. This ensures that the person who is owed money will only pay if a successful collection of the debt is made.

If a successful collection is made, the price the client will pay is based on a commission percentage which is worked out depending on the age and value of the debt in question. Our award-winning partners all operate the industries lowest commission rates from as low as 6-8%.

It pays to make the wrong decision when it comes to recovering a debt, and choosing the wrong method can be worse than choosing none at all!

If you or your business are experiencing difficulties with non-paying customers, hiring a debt collection agency is the best way forward. Whether your debt is Commercial, Private or International related, we have all the information you need to ensure a fast and effective recovery of your money.

Find The Best – Debt Collectors Glasgow Scotland

Our trusted network of award-winning partners is able to help you recover any type of debt. Just complete our quick web form to use our free debt collection agency referral now.

Debt Collector Glasgow – Who To Choose?

There are certain factors to take into consideration when instructing a Debt Collection Agency in Glasgow to undertake the recovering of your unpaid debts, and it’s vital you make no mistakes when doing so.

In the current difficult economic climate, it is imperative that you maintain a consistent cash flow. When it comes to dealing with clients who do not pay on time or at all, this needs sorting as soon as possible to ensure your finances are not affected.

At Debt Collection Glasgow, we only use and recommend the leaders in the industry for the procurement of Commercial, Private and International Debt Collection.

debt collectors glasgow scotland

Commercial Debt Collection

It’s extremely common for businesses in Scotland that are experiencing unpaid invoices to not have proper procedures in place with methods on how to deal with such matters. Those businesses that do severely need to review the cost-effectiveness of the methods to ensure maximum recovery.

Expensive mistakes such as leaving unpaid amounts of money for a large period of time can severly impact the result of it reaching your bank account. If a debt is left for too long this can result in it becoming “Statute Barred”.

Statute Barred is outlined under the Limitation Act 1980, which explains that the person who is owed money has six years to chase the unpaid debt. This period of time starts from the last payment or acknowledgement of the debt.

If you are based in Glasgow and have unpaid invoices, it’s vital that you take measures to recover these quickly as to not prolong the financial impacts on your cash flow.

Our recommended partner for all your Commercial Debt Commercial requirements in Scotland is Federal Management, who have 15+ years of industry experience working across a wide range of sectors.

Since 2004, Federal Management has recovered millions of pounds for companies in Glasgow every year and continues to do so to this day.

Some Of The Key Benefits To Using Them For Commercial Debt Collection Are:

  • UK’s Lowest Commission Rates From 6%
  • Up to 90% Recovery Rate on Undisputed Debts
  • No Collection = No Collection Costs to Pay
  • Over 15 years industry expertise in most business sectors
  • Authorised by the Financial Conduct Authority (FCA)

Recent studies have found that Business to Business debts have risen by 23% with around 57% of businesses in the UK suffering from unpaid invoices. These figures are extremely worrying especially in the current encomic difficulties we are currently facing.

Instrcuting a debt collection agency to undetake the recovery of your unpaid business debts is the most practical option for companies within Glasgow and Scotland. They are cost-effective, quick and efficient.

Find The Best – Debt Collectors Glasgow Scotland

Our trusted network of award-winning partners is able to help you recover any type of debt. Just complete our quick web form to use our free debt collection agency referral now.

Private Debt Collection

It can be a challenging for both freelancers and independent workers at the best of times, so when difficult clients end up leaving your invoices unpaid this can make being self-employed a lot harder.

In recent studies, it has been shown that around 50% of workers in these sectors don’t get paid on time or at all which is extremely worrying in our current economic climate.

Having to recover unpaid debts on your own can be an extremely time-wasting exercise, and there is potential to make mistakes along the way. It is recommended to instruct a specialist agency to undertake the recovery of your monies.

Whether you are a tradesman, accountant, estate agent or dentist, or are acting independently as a private individual, the partner we recommend to undertake Private Debt Collection requirements is Frontline Collections.

Some Of The Key Benefits Of Using Frontline Collections’ Services:

  • High Collection Rates and Low Commission Rates
  • On Avg. 90% Recovery Rate on Undisputed Debts
  • Members of the Credit Services Association
  • Over 15 years industry expertise in most private sectors
  • Dedicated Glasgow collection office

Did you know? Frontline Collections were recently awarded “Gold Supplier Status” by the Independent Schools Association making them the UK’s first collection agency to be awarded this title.

The future holds great prospects for the organisation and the ISA, as Frontline will be assisting many other ISA members in Glasgow with outstanding school fees.

International Debt Collection

International Debt Collection is considered to be the most challenging when it comes to collecting, as there are many things that my hinder the process along the way.

This includes language barriers, international law and regulations, time differences and cultural differences.

Alongside our partners, we have helped many clients in Glasgow who have expressed worry in the topic of international debts.

There are questions commonly asked by those who contact us, which include:

  • Is the debt impossible to recover if the debt is from another country?
  • My debtor has fleed to another country, is the debt now void?

The easiest answer to these questions is no!

At Debt Collection Glasgow, our trusted list of partners have demonstrated experience working across the globe and have specialist overseas collection teams to ensure there are no hindrances.

As above, we recommend Frontline Collections to undertake International Debt Requirements, as they offer:

  • Fully inclusive low-cost service
  • FREE initial assessment & investigation
  • Proactive and Professional approach
  • High Overseas Debt Collection Success Rates
  • International Network of Trusted Agents

Debt Collection Glasgow – Where To Go From Here?

We hope this article has helped to ease any worries you may have had regarding your unpaid invoices, as there is a very good chance that they are recoverable.

We are part of the UK Debt Collection Bureau and will always provide referral services that are done so in a low fixed fee and professional manner.

At Debt Collection Glasgow, we provide a free initial analysis of your case and advise whether or not there is a valid debt to chase.

We will then refer your details to the most appropriate agency to deal with your situation.

If you have money that’s owed to you and your clients are leaving your invoices unpaid, don’t hesitate to get in contact today – the quicker you have your debts recovered, the better.

Contact us on: enquiries@debt-collection-glasgow.com or 0333 043 4417

Find The Best – Debt Collectors Glasgow Scotland

Our trusted network of award-winning partners is able to help you recover any type of debt. Just complete our quick web form to use our free debt collection agency referral now.

Leave a Comment