The Enforcement Process | A Case Study in Debt Recovery 

In the world of debt recovery, each case presents unique challenges that require a strategic approach. A recent enforcement action conducted by Shergroup’s team highlights the methodical process we follow to achieve the best possible outcomes for our clients. 

The First Visit 

The enforcement process typically begins with a Shergroup agent visiting the debtor’s address. In a recent case, our agent attended a residential property early in the morning. While there was no initial response, the agent was able to speak with the debtor’s partner and subsequently make phone contact with the debtor. 

This initial contact is crucial – it established that the debtor was aware of the outstanding debt and had been expecting enforcement action. The debtor initially claimed there were no assets to seize, but our agent noted vehicles on the property. Upon inspection, these were confirmed to be mobility vehicles under finance agreements, with documentation provided as evidence. 

Property Assessment 

Our agent conducted a thorough inventory after peacefully and legally entering the property. The assessment revealed a few items of significant value that could be used to satisfy the debt. This is a common scenario, but our comprehensive approach includes looking beyond obvious assets. 

Negotiation and Settlement 

Following discussions, the debtor offered an immediate partial payment with proposed monthly installments. This offer represented what the debtor claimed was affordable given their circumstances. 

Additional Investigation 

Shergroup’s process does not stop at the property visit. We conduct extensive background checks including: 

• Property ownership verification through Land Registry 
• Vehicle information checks through DVLA 
• Social media research for lifestyle insights 
• Personal insolvency register checks 
• Employment verification where possible 

In this case, our investigation confirmed the property was not owned by the debtor, and we found no evidence of insolvency, which is a positive indicator of recovery prospects. 

Strategic Recommendations 

Based on our findings, Shergroup provided the client with clear recommendations about the debtor’s offer. This strategic advice allows our clients to make informed decisions about whether to accept payment plans or pursue alternative enforcement strategies. 

This case exemplifies Shergroup’s methodical approach to debt enforcement – combining thorough investigation, professional interaction with debtors, and strategic recommendations that maximize recovery potential while operating within legal frameworks. 

Key Takeaways 

• Early intervention matters | Prompt enforcement action by Shergroup increases the likelihood of successful recovery. 
• Professional approach | Shergroup agents are trained to handle interactions with debtors respectfully but effectively. 
• Beyond the visible assets | Shergroup’s comprehensive investigation often reveals recovery options that are not immediately apparent. 
• Evidence-based decisions | Documentation of finance agreements and ownership is essential for verifying debtor’s claims. 
• Flexible solutions | Partial payments with installment plans can provide a practical path to debt recovery when full immediate payment is not possible. 
• Multi-channel investigation | Shergroup combines property, vehicle, employment, and digital checks to create a complete picture of recovery prospects. 
• Client-centered recommendations | Shergroup provides clear strategic options, so clients can make informed decisions about accepting settlement offers. 

Action Plan for Creditors 

If you are facing challenges with debt recovery, Shergroup recommends the following action plan: 

1. Act promptly | The sooner enforcement action begins, the higher the likelihood of successful recovery. Delays often lead to diminished recovery prospects. 
2. Provide comprehensive information | Share all relevant details about the debtor with Shergroup, including any previous payment methods, known assets, or employment information. 
3. Consider all enforcement options | Shergroup can advise on the most appropriate methods based on your specific case – from Control of Goods to Third Party Debt Orders. 
4. Be realistic about recovery | Sometimes accepting a reasonable payment plan is more effective than holding out for full immediate payment that may never materialize. 
5. Stay informed | Shergroup keeps clients updated throughout the enforcement process, allowing for informed decisions at each stage. 
6. Review settlement offers carefully | When debtors make offers, Shergroup provides analysis of the proposal’s viability based on our comprehensive investigation. 
7. Consider additional tracing services | If standard enforcement is challenging, Shergroup offers specialized tracing services to locate debtors or identify additional assets. 

By following this structured approach, creditors maximize their chances of successful debt recovery while maintaining compliance with all relevant regulations. 

Contact Shergroup 

Ready to discuss your enforcement needs? Contact Shergroup today: 

By Phone | 020 3588 4240 
Website    | www.shergroup.com and you can chat to us from here 
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Address: 20 St. Andrews Street, Holborn, London EC4A 3AG  

Our professional team is ready to provide expert guidance on your debt recovery requirements, with solutions tailored to your specific circumstances.