The number of CCJ’s against incorporated businesses rose by 22% last quarter (against the same period in 2018) whilst he average value of each claim reduced by 12% to under £3k. At this level, even if the judgement is paid, the creditor can often end up losing money due to solicitor’s fees and the investment in time required in the legal process. Added to this a large percentage of CCJ’s will remain unpaid due to difficulties in enforcement or lack of assets. The risk of throwing good money after bad is high.
Sterling Debt Recovery collect UK and international debts on a commission only basis, adding late fees and charges to the debt to the full extent permissible by law so that in most cases the debtor effectively covers the cost of our service. With no up-front fees the service is risk free, we only get paid if you do.