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Insolvency Recovery

Specialists in the field of insolvency collections, Largo has the ability and expertise to support your business through the collections process.

Largo is engaged by a number of the UK’s banks and insolvency practitioners and offers support in the task of managing sales ledgers, either pre or post appointment.  Insolvency poses difficulties not usually met in commercial recovery. Typically, there is a lack of supporting paperwork, the debt is older, and there is a greater reluctance from the debtors to meet their liabilities. We offer an initial ledger audit and review, giving clients the information needed to make informed collection decisions. In addition to full collection, we have the ability to manage the initial process from uplift of documents through to pre legal recovery;  with a seamless introduction to the service offered by Largo Law, providing clients with a comprehensive service.

Progress reports are provided to clients on pre-defined scheduled dates and on conclusion of book debt collection. Charges for this service are commission based and dependent upon factors which include, value, age and complexities that will be faced.

  • The ability to manage distressed situations
  • Ledger audit and review
  • Pre-legal recovery
  • Legal recovery (by agreement with Largo Law)
  • Pre determined reporting structures
  • Working for, Banks, invoice discounters, Asset Based Lenders and Insolvency Practitioners

For more information call Tom Flannery on 01924 886555 or email tflannery@largogroup.com