• Instruction Form for a Business to Business Debt

    Debt Collection Service Limited - DCS

  • Instruction Fee: £30.00 +VAT

    An invoice will be issued to you for your Instruction Fee

  • ⚫ Client Information

    Information on the business seeking assistance from DCS

  • ⚫ Debtor Information

    Information on the business that owes money to your business

  • ⚫ Information on Debt

    Information on the debt that is owed to you
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  • Terms and Conditions

  • ⚫ Client Bank Details

  • The debtor will be asked to make payment direct to your bank account, so we need the details for your account.

  • ⚫ Additional Information

    Optional
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  • ⚫ Agreement

  • By agreeing below, you are confirming that ...

    a.  You are authorised by the business named to seek assistance with the recovery of the debt(s) detailed above,

    b.  You have sufficient authority to authorise the services of Debt Collection Service Limited.

    c.   The debt in question is not regulation by the Consumer Credit Act.

  • Agree authority etc

  • Terms and Conditions

    1. Instruction
    By completing and submitting this form, you confirm that you are irrevocably seeking the assistance of Debt Collection Service Limited (referred to below as “DCS”) to collect the debt(s) referred to. You are also confirming that the signatory to this form is duly authorised to enter in to this agreement with DCS, and that you have authority to pass personal information regarding the debtor (including information on employees of the debtor) to DCS. You authorise (on behalf of your company/business if appropriate) DCS to pursue the debt as they see fit within the parameters of the law.

    2. Charges
    The initial instruction fee for this matter is £30.00. The 'success fee' shall be either: a) 100% of any interest charges plus 100% of any compensation charges collected from the debtor plus 100% of any “Additional Debt Collection Costs” paid by the debtor plus 5% of the invoice(s) paid by the debtor , or b) 22% of the sum recovered. Any payments made direct to the client, or to a third party, after DCS has been instructed shall be subject to the same charges. Charges shall be subject to Value Added Tax at the appropriate rate.

    3. Termination
    DCS will have the sole discretion in deciding whether to cease pursuing a debt. DCS will make any such decision based on their experience and anticipated prospects of being able to effectively recover the debt. DCS shall need the co-operation of the client to provide relevant information to enable the debt to be pursued. It may be necessary for DCS to terminate pursuing a debt if the client ceases to co-operate with DCS; if this should occur DCS shall levy an administrative charge of £50.00 in addition to the other specified charges.

    4. Court Proceedings
    DCS will only commence court proceedings (i.e. County Court) on the specific instructions of the client. Any costs in association with the court proceedings (including fees levied by HM Courts & Tribunals Service) shall be payable by the client, and will normally form part of the claim against the debtor. DCS will provide relevant documents etc to the client to assist the client to represent themselves in court if necessary. DCS will discuss charges for preparing documentation for the County Court before these are drafted. DCS is not able to represent clients in court.

    5. Enforcement
    DCS sometimes use the services of a third party (i.e. High Court Enforcement Officer or County Court Bailiff) to collect debts after the granting of a County Court Judgment (or similar) against the debtor. Any instruction fees charged by the third party will need to be paid by the client. Other charges levied by the third party will either be paid by the debtor or the client.

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