LGS Integrated Financial Services is operated by a group of professionals
whose experience in the field of Credit Control and Debt Collection
Management spans over fifteen years. Our clientele ranges from
sole traders to multi-national companies.
Under the Late Payment of Commercial Debts Regulations 2002,
if it is a commercial debt we request the debtor to pay statutory
interest and debt collection costs. Depending on the age of
the debt this could mean that not only would our services be
Free of Charge* but some additional compensation interest would
be collected for you against the debt. We request debtors to
make all payments payable to LGS Integrated Financial Services
which are then forwarded to you on receipt, primarily all our
debt collection charges are based on No Collection - No Fee
basis.
As a result, LGS currently have a 90% success rate with collections.
LGS utilise a dedicated solicitor’s establishment for
its clients. If there is a regular flow of operational business
LGS can more often than not persuade solicitor’s to limit
their fees. Although in all cases they will attempt to have
the debtor settle the debt in full plus costs.
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