selling debt

W

WEAQ

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i own a company that has small to medium bad debts.i was wondering can these debts be sold on and if so at what cost.?have tried solicitors ,dept collectors and even d&b to no avail.HELP!!!!!
 
Can't imagine that there would be a huge market for bad debts - if debtor can't pay you why would they be any more likely to pay someone else?

Sorry - I'm no help to you....
 
Last edited by a moderator:
Bad debts can never be sold!

There are discounters out there who will look at your best customers and take their invoices less a substantial discount off you.
 
Try to hire a solicitor on a no win no fee basis and you might be surprised how much you get in if your solicitor is on a good%
 
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