Letter Cycle Recovery
Debt Recovery letter cycle service is ideal for high volume low balance debt portfolios
This service consists of multiple tailor-made letter cycles which has achieved great success on first and secondary placement debt. Many of our existing clients trialled us against other providers initially and found our collection rates significantly higher. This is due to our unique brand awareness created by media exposure from our participation in the Channel 5 series, Can’t Pay, We’ll Take it Away!
Upon instructing Direct Collection Bailiffs Limited (DCBL) you will be given your own account manager as a point of contact, they will be available to keep you updated on the status of your cases, offering any advice and assistance you may need.
Our bespoke software allows us to provide extensive tailor made reporting in order to meet our client requirements.
Upon collection, the funds are held in our secure ring-fenced bank account and are remitted to you on a weekly basis, two weeks in arrears.
Your Data files can be imported directly via a secure portal and all data received is maintained to ICO specification and standards. We also provide the option of Data cleansing ensuring all data is up to date, removing duplication and creating a more accurate campaign.
We understand the importance of protecting our clients’ reputation and we work with our clients throughout the process in order to achieve the best results in a compliant and professional manner.
Complementing this service we can also offer SMS, emailing & telephone collection activity on request. In order to make it as easy as possible for the debtor to make payments we have a wide range of payment options including online and telephone options which includes automated weekly, fortnightly, monthly and even every 28 days payment frequently.
We can accommodate all debt types and ensure all regulatory requirements will be met including FCA regulated debt.
On higher balance debts we can offer other recovery service options, including, charging orders and attachment of earnings via our internal SRA regulated Legal team or simply the use of our in-house address verification system to provide real time addresses derived from credit activity in order to maximise the potential of a successful collection.
What Our Clients Say...
Dear Helen, I would like to thank you for all your hard work and support over the past 12 months. Our Board of Directors… WNCU
We had a very difficult client owing us £80,000 for over a year. They seemed to know every tactic and trick in the book… PRO PARTS (KENT) LTD
Thank you for your promp and efficient action in collection of the outstanding rent.… Severn Industrial Estates Limited
Having been owed a debt of over £2300.00 for over twelve months, my company started County Court proceedings against a company, TWICE, beacuse the… Denro Power Services
Dear Adam, We recently used your service to recover a debt. Within a few days of giving you the go ahead our debtor was… BMS
May I take this opportunity to thank your staff for quickly and effectively collecting the money owed to us. We found your company to… RJ Hawkins Ltd.
Hello Adam, Just wanted to put on record how very impressed we are with efficiency of your company in the collection of debt. We… L & O Meats Limited
Sincre April 2017 Midland Mercantile Finance Ltd has been using DCBL to action High Court Writs on our behalf. It has been a pleasure… Midland Mercantile Finance Ltd
Call 0800 046 0451 or fill in our enquiry form.