Business Details
21 Years
experience
Free Commercial Debt Recovery in Exeter
Veritas Legal is a specialist debt recovery agency based in Exeter, Devon, serving businesses across the UK. Established in 2005, we leverage the Late Payment of Commercial Debts (Interest) Act 1998 and associated regulations to recover outstanding payments at no cost to creditors. Our approach combines legal expertise with ethical practices, achieving a 93% success rate in resolving debts within seven days. We support businesses of all sizes, from sole traders to FTSE 250 companies, offering tailored solutions including pre-litigation, county court action, and insolvency proceedings.Our team prioritises minimal disruption to client relationships while ensuring maximum recovery efficiency. With a proven track record and client testimonials highlighting rapid resolutions, we provide a transparent service free of hidden fees, commissions, or long-term contracts. Our nationwide coverage and 24/7 availability ensure timely support for urgent debt recovery needs.
Services
Commercial Debt Recovery
Pre-Litigation
County Court Action
Insolvency Proceedings
Commercial Debtor Tracing
Company Credit Checks
Details
- Year established: 2005
Highlights and features
- 93% debt recovery success rate within seven days
- No hidden fees, commissions, or tie-in contracts
- Specialist expertise in Late Payment Act legislation
- Nationwide service covering all business sizes
- Ethical, non-disruptive recovery processes
What people say
93% recovered in 7 days
No cost to us
Efficient and stress-free
Highly recommended
Rapid resolutions
Services
Commercial Debt Recovery
Our commercial debt recovery service utilises the Late Payment of Commercial Debts Regulations 2013 to recover outstanding payments at no cost to creditors. With a 93% success rate, we resolve 93% of cases within seven days through ethical, non-confrontational methods. This service is ideal for businesses seeking rapid resolution without disrupting client relationships.
Pre-Litigation
Pre-litigation services involve formal debt recovery letters and follow-up calls to secure payment before court action. Under the Late Payment Act, we claim interest and compensation costs from debtors. This cost-free process achieves results in 93% of cases, avoiding legal proceedings while maintaining professionalism.
County Court Action
When pre-litigation fails, we initiate county court claims to recover debts. Our team manages all stages, from filing claims to enforcing judgments through bailiffs or asset seizures. We explain options clearly and act only with client approval, ensuring transparency throughout the legal process.
Insolvency Proceedings
For undisputed debts over 750, we offer insured winding-up petitions under the Insolvency Act 1986. Debtors face public petitions and frozen accounts if unpaid, creating strong incentives to settle. Clients pay only a 280 insurance premium upon successful recovery, with no upfront costs.
Company Credit Checks
Our company credit checks provide detailed reports on potential clients, including financial status, CCJs, and director details. Priced from 4.95, these reports help businesses assess creditworthiness and avoid late payments. Services include snapshot, standard, and full reports with varying levels of detail.
Questions
How does Veritas Legal recover debts at no cost?
We utilise the Late Payment of Commercial Debts Regulations 2013, allowing us to claim recovery costs from debtors. If unsuccessful, there are no charges to clients.
What success rate do you achieve?
93% of debts are recovered within seven days without legal action, based on our historical performance data.
Which businesses do you serve?
We work with all business sizes across the UK, including sole traders, SMEs, and corporations in sectors like construction, retail, and professional services.
What areas are covered?
Our services operate nationwide, with particular focus on Devon, the South West, and major UK business hubs.
How quickly can action start?
We begin recovery immediately upon instruction receipt before 4:30 PM, with dedicated account managers handling each case personally.
What legal frameworks do you use?
Our approach centres on the Late Payment of Commercial Debts (Interest) Act 1998 and Insolvency Act 1986, ensuring compliance and maximum recovery effectiveness.