Debt Recovery Success For Thermal Hire Ltd

News

04 March, 2015

Forbes' Debt Collect Department recently recovered over £46,000 for Thermal Hire Ltd.

Thermal Hire Ltd, heat treatments specialists, had an outstanding debt of £44,554.27 when they contacted Alison Nelson, Debt Collect Executive. Alison recovered the full amount plus an additional £2,149.78 from the debtor which was made up of

  • £1,359.78 interest
  • £100.00 Late Payment Compensation fee
  • £610 Court fee
  • £80 Solicitor fee

Natalie Fairclough from Thermal Hire Ltd comments, "I contacted Alison at Forbes Solicitors regarding an outstanding debt and she provided a very quick and professional service. The first letter was sent to the client on the 6th February and by the 26th the money was fully recovered by Forbes and in our bank. Brilliant result………highly recommended."

Alison Nelson comments, "Many businesses do not realise that on 'Business to Business' debts, interest under late payment legislation and a "Debt Collection Charge" which varies between £40 and £100 per invoice can be charged. In this case we were able to recover an additional £2,149.78 for our client."

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