Debt Purchase purchases and takes assignments of debts from the following types of creditors and financial institutions:
Debt Purchase are able to purchase your distressed debts in exchange for immediate payment, which has the following benefits to your organisation:
Debt Purchase are able to take an assignment of debts and pay a percentage of the net recovery. The benefits associated with this solution include:
Debt Purchase undertakes the following searches for companies who are looking to ensure that they know as much as possible about trading associates, creditors and rival companies:
Our reports are concise and easy to understand and can be faxed or mailed to you under confidential cover.
For more detailed information about credit application status and risk searches and asset tracing reports that we provide, please call our team.
Are you an Insolvency Practitioner looking to close cases but still waiting for dividend payments from debtors in your insolvencies?
If so, we can help to speed matters up for you by taking an assignment of debtors at an agreed percentage of the estimated dividend. This has the effect of:
If you have other book debts which you have written off as non-recoverable, we are also happy to take assignments.
We are also happy to provide a specialised debt recovery service to Insolvency Practitioners on a ".no win no fee". basis. Our systems are set up to provide monthly reporting to all our Insolvency Practitioner clients.
For further information on the above or any other of our services, please contact our team.
Millions of pounds are written off by businesses every year because commercial debtors disappear leaving no forwarding addresses or contact details.
Debt Purchase will trace your absconded commercial debtors.
We have comprehensive links to an extensive range of databases, and our debt tracing team enjoy a high level of success tracing those companies who have 'disappeared' leaving their debts behind.
UK and worldwide debt collection services are carried out by Specific &. General Services Limited.
Please contact them at: SGS.