Integrated Collection Process

Commercial Rent Arrears Recovery and an Integrated Collection Process.

The new regulations remove the remedy of distress to recover other payments reserved as rent, which usually include Service Charges, Insurance Premiums, Repairs and Utilities etc.

These monies must now be recovered by other means of legal collection which could include obtaining a County Court Judgment or initiating insolvency proceedings.

However, in practical terms, an integrated collection process combining Commercial Rent Arrears Recovery and legal collection will provide landlords with a simple and effective solution.

The ability of Enforcement Agents to enter a tenant's premises under Commercial Rent Arrears Recovery regulations places them in an advantageous position to guide and influence the overall debt recovery process.

To find out how Rivington Associates can assist with the development of an integrated debt collection process please complete the form on our contact page.

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