Matthew Halton is a specialist debt recovery solicitor with over 35 years of experience, here he talks about the debt collection experts at Stephensons, explaining why he would recommend our services and why he believes we are best placed to assist if you are facing problems with recovering debt.
Unpaid debts hold up your business, affecting cash flow, creating uncertainty and potentially preventing payment of your staff or creditors, harming your reputation. It’s crucial for any business to ensure that those you trade with do so on your terms.
For more information about the debt recovery solicitors at Stephensons please click the link below:
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Video transcript
Matthew Halton - Specialist Debt Recovery Solicitor
You should come to Stephensons if you have a debt problem because we can collect the debt for you efficiently, quickly and at a good price. If you are running a business and you've got a debt ledger that's out of control, and by out of control I mean that you are not collecting your debt. You're doing your business, you're raising invoices but you're not getting paid, then that's no good. That's where we come in. We can advise you on proper credit control procedures, proper documentary checks, controls, advise you on your documents and on how to run your credit control department effectively.
I would say the services that Stephensons offers in the debt collection department are good value for money. The fixed cost is only a little bit higher than the court costs that are recoverable in a quotation. We have a highly experienced team. I have over 35 years of experience doing debt collection, trade finance. So, you have to know what you're doing, you have to check the documents, you have to change jurisdiction. You have to check applicable law clauses before proceeding.
I've known solicitors launch off into international debt collection by initiating proceedings in their own country. For example, running up massive costs and finding that the debt ultimately is not collectable because they followed the wrong procedure or the debt's been disputed for exactly that reason. I have over 35 years experience in the industry and have acted in the past for factoring companies, trade finance companies, large commercial organisations, and I am a member of EuroCollectNet, which is an organisation of European specialised debt collectors.
Most debt collection is straightforward, but sometimes evidentially, it can be quite difficult. The debt collection department is hugely experienced in what it does. It is set up to give our clients the most efficient service that we possibly can and is capable of delivering an excellent service.
