Legal Recoveries & Collections Limited For further details contact us at Enquiries@legalrecoveries.com

For further details contact us at
Enquiries@legalrecoveries.com


Frequently Asked Questions

Who are LRC? - LRC is one of the UK’s leading independent debt recovery agencies. We were previously the debt collection arm of one of the worlds largest business law firms. LRC are members of the CSA. Please visit www.legalrecoveries.com for more information on us.

What does your litigation service include? - We will issue court proceedings on your behalf including issuing the claims form through the CPC/CCBC and take care of all the procedures and documentation for you. We can request both entry of judgement by default and judgment by admission for you. If a debt is disputed we can offer assistance (there is a charge for this). Post judgment we are able to offer you a full range of enforcement options.

Is court action appropriate in every case? - No. The old saying is correct - "You can't get blood out of a stone". If a debtor genuinely has no assets and cannot afford to pay, then court action would be a waste of time and money. However court action is appropriate when the debtor has the means to pay, but not the desire. In these circumstances court action can be invaluable, and as the costs of court action are added to the debt and can be recovered from the debtor, then the court action can be a zero cost exercise to the creditor.

How much profit would I make? - That depends on how big the debt is. However by using LRC for litigation work, you are guaranteed to make additional profit as all our charges can be marked up to your client so you benefit from additional revenue streams.

How can I protect my business and reputation by outsourcing this function? - We understand how important your business and reputation is to you and are conscious that you may want to do business with this client again. As a result any work we undertake on your behalf will be done in a professional and ethical way. LRC are registered members of the CSA.

How can the online recovery system help me? - Our award winning online recovery system allows you to monitor the progress of your cases securely whenever it suits you 24/7. It’s transparent, flexible and free. You can view copies of documentation, pull management reports and issue new instructions. Click on the link on the right for a demonstation.

Will it disrupt our existing services? - No. LRC will undertake all the work enabling you to manage your business as usual with the addition of a new service.

How can I contact you? - If you would like more information or to arrange a meeting to discuss this proposal further, please call us on 0115 911 1530.

 

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Benefits for you

  • More £ revenue generated for your business
  • Extended portfolio of services
  • Free access to our award winning online recovery system allowing you to maintain control of your clients’ debts

View a demonstration of our unique online recovery system

Interested in additional revenue for your company?