Accounts Receivables Recovery

Working with Insolvency Practitioners and Asset Based Lenders

The recovery of an Accounts Receivable (“AR”) ledger is key to maximising recoveries for Creditors in an Insolvency scenario. In the case of Asset Based Lenders (“ABLs”) recovery of their client’s indebtedness in full is the acid test of the valuation of their collateral. We work with Insolvency Practitioners (“IPs”) and ABLs to formulate a recovery strategy that focuses on maximising recovery for all creditors, both secured and unsecured.

On the larger and/or more complex cases, we take a completely hands on approach and work on the client site, supporting the Insolvency team and Key Company Employees. Our preference is to get involved as early as possible, to ensure that the plan is optimal for the situation and facts on the ground. Upon execution of the plan and recovery has commenced, we provide bespoke reporting to meet your requirements in both format and frequency. By working on-site directly with our clients, we are able to build positive relationships and motivate teams maintaining moral which is key when dealing with business’ which could go into administration. CCICM’s goal is to ensure the entire Accounts Receivables Recovery process is streamlined whilst building and maintaining relationships and positive outcomes.

Our own International Credit Exchange (ICE) enables us to work globally in over 130 countries giving us a local presence and accelerating the collection process. We are able to manage previously unpaid debts by either securing payments or negotiating settlements.

Smaller portfolios are processed in our offices in Porthmadog but will always be overseen.