Struggling to obtain payment

One of our clients was struggling to obtain payment of approximately £13,000 from a customer who was ignoring all contacts. The client was introduced to Simmons Gainsford Credit Management (SGCM).

SGCM investigated the debtor and found that he was using a fake name to run his business. Through negotiation and the threat of litigation SGCM managed to get the majority of the debt paid, however the debtor refused to pay the final amount probably under the impression that the client would be unlikely to go to court over a small fee.

SGCM carried out legal proceedings, recovering the full debt, plus interest, plus additional fees. The additional fees recovered meant that the debtor covered all costs of service, so the SGCM’s service to the client was free of charge.