Veritas Legal
Credit & Debt Services in Exeter, Devon
We know that our customers need more than just a debt recovery service. We are committed in building relations for the long-term, in knowing our customers and understanding what matters to them. We invest time in knowing customers circumstances, requirements and preferences to provide commercially informed and outstanding collection results, at very little, if any, cost. Not all debts and debtors circumstances are the same. We'll lead you through the debt recovery process every step of the way.
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About Us
read moreOur experienced debt recovery team offers a complete service: from company credit checks, commercial debtor tracking and pre litigation, through to County Court action and insolvency proceedings. While a letter and phone call is all that is needed in 93% of cases, it's reassuring to know that we offer the full range of debt recovery services and can advise you on the most effective course of enforcement action. In the vast majority of cases debt recovery is successful following a letter and a phone call from Veritas Legal Services.
Commercial Debtor Tracing
read moreIf you have reason to believe your debtor has absconded, we can utilise a number of internal and external tools to locate your debtor's whereabouts. Tracing a debtor is particularly appropriate with older debts as these debtors can often have moved or have a different company.
Late Payment Legislation
read moreIrrespective of what your terms and conditions of business provide for, you are entitled to charge Late Payment Interest and Compensation under The Late Payment of Commercial Debts (Interest) Act 1998. In November 1998, the UK Government introduced the long overdue legislation to give businesses a statutory right to claim interest from other businesses for the late payment of commercial debt. The UK was one of the first countries in the EU to introduce late payment legislation to help promote a culture of prompt payment.
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