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Our debt recovery department are experienced professionals who have an 85% success rate and have collected over £35 million since 1993. They have experience in collecting most types of debt, specialising in rent arrears. So should you be unfortunate enough to have a problem with collecting your rent, take action and pass the debt on to Paragon Advance. Fees are strictly on a “commission on collection” basis.
Each case is assessed individually to ascertain the financial position of the debtor and chase payments accordingly. Our team have the facility to set up and administer payment plans agreed by the client and will always endeavour to keep a matter out of court.
Paragon Advance also offers a tracing service which attempts to obtain a current address for an absconding tenant. Again, this service is on a “no trace, no fee” basis.
Once you have registered as a landlord you will be able to submit debts to us.
If you wish to speak to someone about collecting a debt please contact our debt recovery team on 0844 375 9608.