How We Recover Money Owed to You
We specialise in recovery of distressed debts.
That is debt owed to business owners and companies, where invoices have been unpaid following formal insolvency – Liquidation or Administration.
Typically, most creditors are unsecured and stand a long way down the queue for payment, even if after expensive legal action.
MCR pays cash to purchase such debts. The debt is assigned to us allowing you to make an immediate recovery.
We then take formal legal action – at our risk and cost - to pursue the claim. We have legal insurance to guard against the prospect of any adverse legal costs.
Accordingly, you can be sure that our action is at no risk to you. We simply need from you: -
- a signed assignment;
- evidence of your debt – copy invoices and statements usually suffice although emails/correspondence is often helpful.
Our personnel have over 50 years of dedicated commercial/legal insolvency experience,
We have found that some Directors have a history of liquidating companies to avoid paying businesses like yours. That can often mean a painful experience, which adversely affects your cash flow, plus lead indirectly to redundancies, damage to reputation and/or legal costs that you cannot recover.
Please click here to see what some of our clients have to say.
Please also take a look at our frequently asked questions if you would like to understand a little bit more or contact us to discuss further.