Commercial Debt Recovery Nottingham

In business, cash is king. Chasing late payers and taking care of debt recovery can be a difficult task for businesses. Naturally, unresolved business debts cannot be left unpaid as in the long term this will create lasting financial problems.

Your in-house credit policy is vital to ensure that you follow a set process to ensure that monies owed are collected in a timely manner. It is surprising, however, to see that businesses who have gone through the process of setting up and following a credit policy which sets out their in-house collection cycle, don’t escalate to recover the debt when payment has not been forthcoming through internal measures.

Escalation to a third party at this stage is key and typically results in prompt payment as your invoice(s) are put to the top of the payment queue. The saying he who shouts loudest is very true in the world of invoice payments, which is why our Nottingham debt recovery team are on hand to help you ensure your invoices are always on the top of the pile.

Recovering Your Commercial Debts with LRC

At LRC, we are a specialist debt recovery legal practice based in Nottingham with a nationwide client base. We have an established pedigree of over 20 years and act for commercial clients in the UK and overseas. LRC was one of the first debt recovery companies to gain Alternative Business Structure (ABS) status by the Solicitors Regulation Authority (SRA) in October 2015, enabling us to operate as a legal practice and conduct litigation.

Our specialist team, based in Nottingham, provides as standard a complete, quick and cost-effective solution to recover your overdue accounts whilst leaving you to focus on what you do best – running your business.

What we can help you with:-

  • Credit control
  • Pre-legal collections
  • Volume Collections
  • Litigation
  • Judgement
  • Enforcement
  • Tracing
  • Litigation
  • Insolvency
  • Case management reports
  • 24/7 access to our portal so you can see the progress of your debt in real time

Professional Debt Recovery Nottingham

We are members of the Credit Services Association (CSA), which is the UK’s debt recovery industry’s trade association. LRC’s adherence to the CSA’s code of practice ensures quality and professionalism in the services we provide.

We are client focused and committed to delivering high quality services and since 2010, have had ISO 9001:2008 accreditation. We are accredited with ISO 27001:2013, the international information security standard.

At LRC, we pride ourselves on our exceptional success rate, so confident are we that we act on a no-win-no-fee basis, if you do not get paid then neither do we. We get results, cost effectively which is why local businesses continue to use our services, many of our clients are still with us since the beginning of LRC.

For a no-obligation discussion on how we can enhance your collection process, please complete the contact us form or you can reach us by email at or by telephone on 0330 0246342.