Federal Management: Leading Personal Debt Collection Agency in the UK
If you are having a hard time collecting the money you are owed, it might be time to contact an experienced debt collection agency.
Our passion is debt collection, and has been since 2004. Every case we deal with is dealt with on its own merit, and this is what guarantees the best results. We do not operate call centres where the emphasis is on quantity, not quality. Nor do we have ‘fee earners’ — We charge only for our success!
Our commitment to excellence in the debt recovery field has always been the basis for our success. We hold accreditation from the Credit Services Association with a 100% pass rate.
Our low commission rates start from around 6% and we operate a no hidden fees policy. We offer a full-service debt recovery solution, covering a non-exhaustive list of actions that includes:
We are here to help you navigate the entire process with ease while adhering to all regulations. Contact us today for expert personal debt collection in the UK.
FAQs About Personal Debt Collection
We understand you may have questions about our private debt collection services. We’ve answered some of these for you below so that you can make an informed decision. debt re
How Does Beginning the Personal Debt Collection Process Work?
If you have a personal debt that needs collection, it is advisable to send a letter before action that acts as a final reminder. This should inform the individual of the amount owing to you, and that further action will be taken if the payment is not made.
This can sometimes have the required result, but if it does not, be prepared to escalate your efforts by contacting a trusted debt recovery agency.
How Does Escalating the Situation Work?
If there is no response to the letter before action or the debtor does not make payment, you can seek professional assistance to remedy the matter. This is normally via a personal debt collection agency specialist or a law firm.
What are the Legal Guidelines for Debt Collection?
For personal debt collection, it is recommended to follow the legal guidelines set out by the Financial Conduct Authority (FCA). According to FCA guidelines, the debt collection process must be fair, transparent, and non-menacing. Federal Management is highly accredited, meaning that we only follow the most ethical and lawful procedures.
How Much Does Personal Debt Collection Cost?
Our inclusive service is a fixed fee based on the value, age and complexity of the debt. We are a results-driven personal debt collection service, meaning there are no costs to be paid if we do not collect!
There is a small commission to be paid from successfully recovered funds. We offer competitive rates on all our services so you can sit back and remain stress-free.
If all your debt collection efforts have failed, our personal debt collection agency has the expertise to assist. Call Federal Management today, and trust us to recover your debts efficiently and stress-free.