A huge variety of factors combine to influence the requirement for Debt Recovery in the Education & Health sectors. Sensitivities need to be understood and the ability to identify and implement best approach are important. Incasso LLP can call on many years of experience in the Education & Health sectors in order to advise you and provide innovative solutions for your debt recovery.
In addition to our debt recovery services, we have also been known to provide guidance in preventative measures to stop you requiring more outside assistance than is absolutely necessary.
The values of Education debt can range from larger tuition fees through to the smaller library book debts, but they all add up and often the institution does not have the resource to cope. Further Education may experience lower value, higher volume debt and Higher Education may incur similar debt to this profile, but also find combating higher balances due to non payment of fees and accommodation costs. We are sympathetic to, and have a clear understanding of, students and student debt, and have the specialist skills, techniques and staff who collect all manner of debts. The key to collecting most college debt is to refer them as early as possible and by taking action swiftly to bring in the cash much more quickly, students are more likely to settle their debts in full, or at least arrange an installment plan to a realistic timescale.
To see how we have collected £600k for London Metropolitan University, please click here to view our case study.
Whether it is private medical liabilities or salary overpayments, we are assisting a number of PCT’s and FT’s to minimise their exposure and unlock those essential income streams that are essential to all health sector bodies. Being fully aware of the sensitivities that can sometimes be associated with debt recovery in this sector, we can call on years of experience in working with this kind of situation. You can take comfort from the fact that our experienced negotiators will engage with debtors in a manner which will not only protect your image, but will also ensure that the impact of our contact is not lost but is communicated professionally.
This is not an easy skill to learn, however, we can point to excellent levels of debt recovery with an extremely low level of consumer grievance. Recent growth in the health sector is testament to our success and well-directed strategy.