The best chance of success
Revenue Recovery
Revenue / debt recovery generally goes through 4 stages:
- Location of debtor / prospects of recovery
- Letter Before Action
- Obtaining a money Judgment
- Enforcing the money Judgment
We instruct an Enquiry Agent to undertake the first stage, a Trace Report, which informs our next steps. This is relatively inexpensive and will enable us to advise on your options for revenue recovery, which include enforcement via bailiffs and/or deduction from earnings.
We offer fixed-fee work for recovery / enforcement of debt, depending on whether there is already a money Judgment in place. The process for this is as follows:
Route 1 – With Money Judgment in place
Trace Report → Letter Before Action → Enforcement / attachment of earnings
Route 2 – with No Existing Money Judgement
Letter Before Action → Apply for money Judgment → Pursuit of payment → Trace Report → Enforcement / attachment of earnings