Consumer and commercial debts are increasing every day for a variety of reasons including poor administration, changes in financial circumstances, disputed work and fees, and in some instances the debtor believing that they can get away without paying.
We understand that not all businesses or individuals that owe money are the same and there is a clear distinction between those that cannot pay due to circumstances and those that simply refuse to pay.
There is no setup fee & we have collected over £30m of outstanding debts since we began in 1993.
The Cash Protection Agency has a team of highly trained and experienced Debt Collection professionals.
There is no setup fee & we adopt a firm but diplomatic approach which in our experience is the best practice for Debt Collection.
We will try to resolve any problem by discussing the situation directly with your debtor.
We will make them aware of any steps we intend to take to recover your debt and will let the debtor know before any legal proceedings are instigated.
Our team of Debt Collectors work in collaboration with a leading firm of Solicitors with whom we have worked with for many years.
Although you may have already made a verbal or written request for payment often a professional letter from a third party can prompt payment. Once a debt collection agency letter has been received your clients will immediately realise that your warnings of collection proceedings are not an idle threat.
When debtors hold entire sums outstanding when only a fraction of the debt is disputed, our debt collection team will establish the facts and are usually able, with your assistance, to negotiate for settlement on your behalf.
Your debts will be managed by one of The Cash Protection Agency’s dedicated case handlers and broken agreements or defaults in payment will be followed up automatically. This can get cases resolved quickly by using a combination of tried and tested methods and without the need for lengthy litigation.
All debtors will be treated individually to ensure the most effective method of collection.
In the event that your debtor cannot settle in full a payment plan will be negotiated.
We will reassess your debtors’ circumstances on a regular basis to see if payment arrangements are in line with their income / cashflow.
If you want an update on any outstanding debt at any time simply call your Cash Protection Agency case handler.
If you need help locating a debtor that has absconded without trace we provide this service. Please call us to discuss individual cases.
Charges are calculated on the length of time that the debt has been outstanding and at an agreed percentage of the monies that we collect in.
For bulk collections rates are negotiable.
We offer a Platinum service for aged debts over 2 years.
Few other companies offer this service due to the time consuming nature of collecting these debts and the associated difficulties in collection.
We offer an extensive range of payment methods making the payment of outstanding debts as easy as possible (for your debtors) thus removing any obstacles to you receiving outstanding monies.
- Credit/debit cards
- Bankers drafts
- BACS and CHAPS
Having used Cash Protection Agency since 2002, we have always found them to be effective and efficient. The debts we submit for collection services are almost without exception difficult, problematic, personal debt cases where we have exhausted all possibilities in-house, yet, Cash Protection Agency Ltd always rise to the occasion and their success rate has been high. Their staff are always courteous, helpful and professional, and work in the spirit of partnership with us providing good advice and support.
A Senior Finance Manager in an NHS Trust in the West Midlands
Dear Cash Protection Agency,
I know we’re not out of the woods yet, but I wanted to thank you so much for the amount of effort you have already put into helping me recover a debt from a client.
Your enthusiasm never wavers, and you’re always there with professional yet friendly advice and that all-important female trait-empathy!
Being owed money for no good reason is a horrible feeling- you’ve all made me feel supported, most importantly- not alone against the enemy.
Here’s to the three most awesome, lady-like rat-catchers I know!
Thanks so much!
George Dryden Professional Writing Services
What can we say about The Cash Protection Agency?
In all the years we have dealt with The Cash Protection Agency we have found them to be very pleasant, professional and dedicated to helping us with collecting our outstanding accounts. Their predominately female team never give up!
We are only too pleased to recommend their services.
Millstone & Lansdowne Day Nurseries
We have used the services of The Cash Protection Agency Ltd for the past 14 years. Throughout this time we have found them to be efficient, professional and helpful. We would certainly commend The Cash Protection Agency to any organisation seeking assistance with debt recovery.
Guardian Finance Ltd
It is a pleasure having to work with a professional team like the one from The Cash Protection Agency, I get good results on all the files I am sending to The Cash Protection Agency.
Macc UK Ltd
We have used the debt collection services of The Cash Protection Agency since they began back in 1993. They are a professional, helpful team that provide the back up when a client doesn’t pay. They are able to trace a debtor that leaves without a trail and then continue with the effective collection of outstanding monies. We have on occasion used their credit check services and these are very helpful in the decision of what credit limit to give, if at all.
Blaby Electrical & Blaby Alarms Ltd
Frequently Asked Questions
What are your charges?
- We charge a percentage of the monies collected in, depending on the age of the debt.
Can you help if the debt is disputed?
- Yes, we can negotiate a settlement on your behalf with your instruction; or if unresolvable, on instruction we would then proceed with litigation.
Can you help if the company is in liquidation/receivership?
- We are unable to help if the company is in liquidation/receivership.
What is your success rate?
- Excellent, due to the fact we do not charge until we have recovered monies.
Can I claim the fees charged by The Cash Protection Agency Ltd?
- You can if these are in your Terms & Conditions prior to commencement of recovery proceedings.
What do I need to start the recovery of my debt?
- You need to fill in our ‘DEBT RECOVERY FORM’. Take care to fill in all sections correctly. Copies of invoices/statements or any relevant documents, i.e. rental agreements/loan agreements. Basically any documents that can help prove the debt.
Do you charge a registration fee?