Welcome to

Principal

Debt Collectors

Debt Recovery Specialist

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    Welcome to

    Our Company

    Principal Debt Collectors offers debt collection services to companies in the U.K.

    We work with various companies of all sizes and help them collect the debt they are owed.

    We particularly work very closely with property management companies and specialise in the collection of service charge and ground rent arrears. 

    We work on a no recovery, no fee basis and with no upfront costs.

    All our charges are paid by the debtor.

    We aim to collect debts quickly and successfully. 

    You can also outsource your credit control department to Principal Debt Collectors

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    Our Services

    We provide a professional service charge debt collection service to property and block management companies. We also work directly with RMC or RTM companies.

    01

    Service Charge
    Debt Collectors

    02

    Service Charge
    Debt Collection

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    Service Charge
    Arrears Process

    Why Choose us

    No Win No Fee

    Principal Debt Collection offers a No win No Fee service to its clients.
    We are confident to recover debts and aim to collect service charge and ground rent arrears for our property and block management clients.

    • There will be no cost to the management company.
    • We aim to get this resolved quickly

    We also have different methods we use to ensure this matter is resolved as soon as possible. This could include calling the debtor or attending the property if there is no response or payment from the debtor. We feel this is important to avoid it escalating and the debtor paying more if or when it goes to court.
    We understand the industry and can advise the leaseholder responsibility of paying service charge and ground rent.
    This is vital as we often get asked the same questions which we are able to answer.
    ‘’The gardener hasn’t been here last month so I don’t have to pay service charge’’
    ‘’Its not fair to pay service charge when I have to pay council tax too’’
    ‘’I am not paying as I haven’t received a bill’’
    The questions above are just some of the many attempts some debtors may make when not paying their charges. 
    We are able to deal with this accordingly and collect all charges due.

     

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