What can DebtFast do for you?
As debt recovery solicitors we are a single point of contact for all debts, including disputed debts, right from the initial contact with the debtor to secure your money, through to court action and possible bankruptcy or insolvency if required. Many standard debt collection agencies will not deal with disputed debts. Using a debt collection solicitor from the outset can ensure your claim is taken more seriously, leading to a quicker resolution of any problems.
You are usually entitled to recover all costs reasonably incurred in pursuing your debt, including the cost of a Letter Before Action.
As soon as a debt is identified we’ll manage your debt collection process from the start.
We can take over from your own debt collection when you are ready to issue proceedings.
We can step in at the later stage of the process after you have obtained judgment.
November, 2019The Prompt Payment Code (PPC) is administered by the Chartered (Institute of Credit Management (CICM) on behalf of the Department for Business, Energy and Industrial Strategy (BEIS) and sets a... Read more
January, 2017A company is considered insolvent if it cannot pay its debts as and when they fall due. Broadly speaking, there are three main types of insolvency: administration, liquidation and Company... Read more
March, 2017On 31 January 2017, the government published guidance on the new regulations aiming to tackle the issue of late payments. From April 2017, all large companies and limited liability partnerships will... Read more