Speedy recovery in the automotive industry

Back in July 2017, our Member, a car mechanic, came to us with a £400 debt which at this point was nearly a year old! Their owing customer was a chip shop and they wanted the debt recovered without damaging their relationship with the customer any further.

Once we correctly identified the customer, a Letter Before Action (LBA) was issued. This letter asked the customer to pay the Member directly before any further involvement from CPA was taken.

And soon enough, the Member received full  payment of the debt amount, interest, solicitors costs and CPA’s remuneration. What a swerve in the right direction!

As you can see from this example, some of our cases take no time at all to be resolved!

Do you have debts in the mechanics or automotive industry? Do you have old outstanding invoices that need chasing? Are you unsure of your debtors identity?

We at CPA are pretty good at resolving these issues, so contact us at the Credit Protection Association and we shall see if we can help.

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