Debt Collection for Landlords
At Wolf Enforcement Services we have over 20 years of experience in the collections industry. We offer a comprehensive range of debt recovery services for Landlords and Letting Agents.
We specialise in the collection of debts for Landlords and Letting Agents and have developed relationships with a number of Landlord Groups and associations across England & Wales.
Momentum: Trace and Chase your debtor for a fixed fee of £37,00 + Vat (Plus fees on monies collected*)
Recover: Chase your debtor by sending a pre-action protocol letter £12,00 + Vat (Plus fees on monies collected*)
Our Debt Collection Team will then work on your behalf, to recover your debt/s. If this involves litigation work, there are no additional fees to pay us.
This will be acknowledged, usually the same day, and if necessary we will request further information or clarity from you.
In the event of a matter needing court action, we will advise accordingly, and if you are happy to proceed, we will prepare all court papers on your behalf without charge
We will handle debts of any age (subject to law of limitation), although the quicker debts are submitted, the better the chances of success.
Each debt is treated on a individual basis
We will take on disputed debts at our standard commission fee.
Once we recover your money, we will invoice you for our commission fee at the pre-agreed rate.
We can also provide a full company status report, usually the same working day, at a cost of £15.00. The information provided includes:
Company contact details, credit rating, registered charges, full share details, details of any CCJs, directors details and last 3 years profit & loss accounts.
Pre Litigation Process
On the 1st October 2017, a new “Pre Litigation Process” was put in to place for any business chasing a debt from an individual or Sole Trader.
We fully comply with all protocols to ensure your case is watertight in the event of court action,
What happens after I instruct you ?
Once your instruction request is received the following will happen:
- One of our team checks what your requirements are.
- We check the fee is agreed.
- Your case is loaded onto our online management system.
- The system emails you confirmation of your instruction.
Instructions received outside of business hours are dealt with the next business day.
- One of the team will allocate the case to a case manager
- The case manager will determine the next process and add it to the case management system.
- As actions are completed the case management system is updated.
- When payment is received we deduct our fee and transfer the balance to you.
If the debtor does not pay we will discuss further options with you:
- Undertake a door-step visit.
- Commence legal proceedings via our inhouse Partner solictors.
We discuss with you the options available, and keep you informed of the progress.
Typical Debt Collection Commission*
Debts Up to £999.99
£1000 to £9999.00
£10,000 or more
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