Debt recovery

At Taurus Collections, we’re a professional debt recovery agency that helps businesses recover unpaid invoices quickly and efficiently. We take the stress out of chasing debts—so you can focus on running your business.

What's included

At Taurus Collections, we’re a professional debt recovery agency that helps businesses recover unpaid invoices quickly and efficiently. We take the stress out of chasing debts—so you can focus on running your business.

At Taurus, we are here to help you by recovering your debts whilst you spend your time on other things, leave the chasing to us. For commercial debts, receiving payments on time whilst maintaining good client relationships can be tricky. That is where a debt recovery collection agency like Taurus come in.

How does our service work?

You can choose from one of the following tools to start recovering a debt:

Same day guarantee

Once registered with us, we guarantee to act on your instructions for Letters Before Action or Late Payment Demands the same day if you instruct us by 12 noon on normal working days.

Professional performance

Our services provide an effective extension to the tools that your credit department, and credit control processes, need to maximise cash flow. We are specialists in debt recovery and understand the needs of credit managers and financial controllers who collect unpaid debts.

You will get rapid responses to all communications, a dedicated account manager who will be familiar with your account and you have online access to information about your debts 24/7.

Insolvency/ Bankruptcy Petitions

We act on the same day that your claim is processed. We use all methods of communication such as letters and phone calls to contact debtors and convince them to repay what they owe. If we are unable to reach delinquent borrowers through these methods, we look further, using computer software and private investigators.

Debt recovery collection agencies like Taurus, can also conduct searches for a debtor’s assets, such as bank and brokerage accounts, to determine their ability to repay. This could affect their credit scores negatively.

Once your debt is repaid, and only when you receive the payment, do we get paid a percentage.

Good debt collection agencies will assign you a singular account manager to oversee all of your debt claims and accounts. They will be contactable through a range of methods and will keep you updated as the claim progresses. They will work professionally and efficiently and most importantly, be a trustworthy source of help.

Why choose Taurus?

At Taurus, we have 20+ years of expert experience in debt collection services. With our no win no fee debt collection recovery guarantee you can be sure that we will do everything at our disposal to help you recover unpaid commercial debts. With tailored, professional sales-ledger collections, you get paid fast. Allowing you and your business to have sufficient cash flow.

You have FREE access to our online debt tracker service, so you can see exactly where your money is. Remove the stress of non-paying customers and delinquent borrowers with Taurus.

We retrieve the money for you, so you can focus on growing your business and generating new sales.

Are you in need of a debt recovery collection agency? If you want to find out more about how Taurus can recover your debts, contact us today.

Commission

Only when you receive the payment, do we get paid a percentage

Debt types

Unpaid commercial debts

FAQs

In simple terms a debt recovery collection agency is an individual or group of individuals who track down overdue or unpaid finances. With legal backgrounds and knowledge, our team can help you gain financial power once again. You are assigned a credit manager who will be in constant contact to you and will oversee all of your financial debt information.
If your debt (with interest) exceeds £750 and is undisputed you can issue bankruptcy / insolvency proceedings to wind up a debtor / company.
Debt collectors should not harass customers and there are now laws in place to stop debt collectors becoming abusive or aggressive and harassing. Successful debt collector agencies keep composed, calm and affirmative in order to make sure your debt is repaid, whilst still maintaining a healthy relationship between you and the customer.

Related services

Pre-Legal and Insolvency

A Late Payment Demand Letter is similar to a Letter Before Action (LBA) but also asserts your right to claim interest and compensation under the Late Payment of Commercial Debts (Interest) Act 1998, helping to apply additional pressure for prompt payment.