As financial pressures continue to mount across the UK, businesses and individuals alike are facing growing challenges in recovering what they are owed.
In the North East, these issues are particularly dire with the region having the highest individual insolvency rate in England and Wales and a sharp rise in business liquidations, the need for effective debt recovery couldn’t be needed more.
We offer a tailored debt recovery solution which is suitable for every scale of recovery, whether you are chasing a one-time unpaid invoice or managing hundreds of overdue accounts.
Why the North East needs stronger debt recovery
The following statistics empathise the need for effective legal debt recovery, especially for those who are struggling to maintain cash flow.
- The North East had the highest rate of personal insolvencies in 2024 — 33.4 per 10,000 adults, well above the UK average of 24.1 The North East has been the region with the highest rate of insolvency every year since 2008 – Individual insolvencies by location, age and gender, England and Wales, 2024 – GOV.UK
- According to the Hartlepool Mail, R3’s research evidenced that there was a 42% rise in North East Businesses in liquidation with outstanding debts owed to their creditors in 2024 winter – North East liquidation debt levels rose 42% this winter, R3 research shows
- As set out within Credit-Connects blog, the Financial Conduct Authority’s (FCA) analysis showed that homeowners in parts of Northern England are more than twice likely to be in mortgage arrears than those in the South – North of England hardest hit by rising mortgage costs – Credit Connect
- As reported in Insider Media’s feature of 17 June 2025, R3’s analysis of data provided by Creditsafe shows that there is a 16.5% rise than the same quarter lasty year of overdue invoices in the North East Businesses.
Our debt recovery solutions
One-off debt recovery
Need help collecting a single debt? Whatever your entity, we can provide:
- Letter Before Actions
- Statutory Demands
- Issuing County Court Proceedings
- Enforcement via County Court Bailiffs or High Court Enforcement Officers.
This option is perfect for clients who occasionally need legal help collect debts, without ongoing commitment.
Monthly debt recovery (retainer package)
For those who are regularly dealing with overdue payments, our monthly retainer gives you ongoing legal support. You’ll benefit from:
- Letters Before Action
- Payment plans agreed (if necessary)
- Enforcement of any payment plans
- Ad hoc legal advice on any debts you wish to pursue past the initial stage
This can be incorporated into your credit control procedure. Further, this will be on a price per letter instruction (agreed upon entering into the retainer) with additional fees only if and when you wish to pursue past the initial Letter Before Action.
Volume debt recovery
This is ideal for those who have large volumes of outstanding debt. Our volume debt recovery service streamlines the process making it costs effective and less hassle. You will benefit from:
- Custom pricing which could be on a percentage or a price per letter basis
- Automated production of letters
- Automated payment links sent to debtors
- Statistics to show what’s been recovered and what’s left outstanding
- Dedicated case manager for oversight
Whether you need to recover one debt or over a hundred, we are here to help. Contact our experts today by emailing charlotte.barugh@jacksons.law or calling 01642 573 035 to discuss the best credit control package for you.
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