*For Debts Under £5,000

 

Red Flag Specialists Ltd offers a simple fixed-fee debt recovery service designed to help recover smaller outstanding debts quickly and professionally.

 

Fixed Fee

For debts with a value of up to £5,000, our recovery service is available for:

£375 + VAT

This is a one-off upfront fee to commence recovery action.

 

What the Service Includes

Our recovery package includes:

• Review of the debt and case details

• Issuing formal demand letters to the debtor

• Contact with the debtor via telephone, email and written correspondence

• Negotiation of repayment plans where appropriate

• Debtor tracing where necessary

• Recovery activity for up to 90 days

• Professional case management by Red Flag Specialists Ltd

 

Commission on Recovered Funds

If we successfully recover the debt:

• A commission fee of 10% + VAT will apply to any sums recovered, whether paid to Red Flag Specialists Ltd or directly to the client.

 

Payment of Recovered Funds

Where funds are paid to Red Flag Specialists Ltd, they will be transferred to the client minus the agreed commission of 10% + VAT and any applicable fees.

If the debtor pays the client directly, the client agrees to notify Red Flag Specialists Ltd immediately and pay the applicable 10% + VAT commission.

 

If the Debt Is Not Recovered

When recovery is unsuccessful within the service period:

• No additional recovery fees will be charged beyond the initial £375 + VAT fee.

 

Legal Action

If legal proceedings are recommended:

• We can introduce the client to independent solicitors specialising in debt recovery.

• Legal proceedings are handled separately and subject to independent legal costs and agreements.

 

To proceed simply fill out the form and/or make a payment now or over the phone.

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