First steps to collecting your debts
At Nelsons, we offer pre legal debt collection services. The services we provide involve chasing the debtor by email, letter and telephone and reporting back to you and reviewing action at each significant juncture, with a final review to see if you want to move on to our Court Action Services.
Need advice? Contact us to find out how we can help
We also offer two additional pre legal debt collection services which you can choose to go ahead with. These services are:
1. Late Payment Legislation
The Late Payment Legislation enables you to add compensation and interest to your debt.
In order to do this, we recommend that we carry out appropriate searches to check the credit rating of your debtor. Additional fees will be payable for these searches – but we will discuss them with you before they are incurred
2. Statutory Demands
Included in our service is the consideration of whether to use a Statutory Demand. You can only use a Statutory Demand if the debt is in excess of £750 and is not disputed.
A Statutory Demand is a direct route to starting insolvency proceedings. Without a Court judgment, before you can serve a bankruptcy or winding up petition upon a debtor, you must serve a Statutory Demand for the outstanding debt. If a debtor fails to pay within the time limit then insolvency proceedings may be started without notice to the debtor.
A Statutory Demand can be a very powerful collection tool, so it has to be used carefully as there are risks of penalties in costs if misused.
Our team
Our team of debt recovery solicitors act for clients recovering business-to-business debts on a nationwide and international basis. Our solicitors focus on the recovery of clients’ money with prompt, escalating action to maximise the chances of successful recovery. The size of our team also gives us the capacity to deal with any defended cases.
Our leading team of debt collection experts is also recommended by the independently-researched publication, The Legal 500, as being one of the top teams of experts in the country.
What our clients say about us…
Our pre legal debt collection service prices
Our charges for debt collection work are transparent and easy to follow. We offer fixed fee services which are based on the amount due to you.
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"Nelsons...focuses on handling bespoke (rather than volume, process-driven) business-to-business debt recovery mandates from commercial clients, and particularly excels in pre-action collections."
The Legal 500
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"Nelsons Solicitors Limited’s ‘brilliant’ debt recovery team comprises debt collectors, credit controllers as well as legal practitioners who assist clients in all debt recovery matters, predominantly in the B2B space and with particular strengths in the consumer debt market. The legal services range from the pre-action collection process to the pursuing of court proceedings, the securing of judgments for clients as well as the enforcement of judgments. Clients hail from across the UK and cover various sectors, such as healthcare, financial services and engineering. The practice is headed by Simon Key with Kelly Bevan heading the day-to-day practice."
The Legal 500 2023
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"We use their debt collection department for debts we struggle to collect. Their system on how to report the debt is very quick and easy. They keep you informed with all correspondence to the debtor. The debt collection department is very knowledgeable on how to pursue the debt. Their billing is very straight forward where they deduct any costs from the money collected which saves you sending payment."
Referee feedback provided to The Legal 500 2023
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"They understand our products well and ensure they are familiar with our cases to get the best result for us. They are always well prepared for our meetings, with clear, detailed updates. They are always quick to give us updates on a case by case basis and provide excellent advice to move cases forward."
Referee feedback provided to The Legal 500 2023
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"Very prepared and client oriented team. Great communication amongst them, to make sure in case the assigned solicitor has to escalate the matter or is absent for any reasons."
Referee feedback provided to The Legal 500 2023
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"My assigned paralegal has [been] the best one I have ever worked with. He replies promptly and keeps me constantly updated with all the cases he is working on. He managed to contact former clients that were impossible to contact. The communications with him are always friendly but professional and he is always very clear and transparent about the different options. He has my full trust."
Referee feedback provided to The Legal 500 2023
