Thinking of using Money Claim Online (MCOL) to chase a debt?

What is Money Claim Online (MCOL)?

On the face of it, MCOL looks like a simple process: log in, fill out the form, pay the fee, and wait for the court to issue the proceedings. But!

Court backlogs are at an all-time high. Cases are taking many months (sometimes longer if disputed) just to get processed. That delay gives your debtor more time to move assets out of reach, or to disappear altogether.

As the creditor, you carry all the risk. If you make a mistake on the paperwork (it’s easy to do), your claim can be struck out. Court fees are non-refundable, and you could even be ordered to pay costs to the debtor.

Why Many Businesses Choose Professional Debt Recovery Instead

Winning a judgment doesn’t necessarily mean you’ll see a penny. Enforcement isn’t automatic, and you will still have to chase, and often that’s where people give up.

That’s why businesses are turning to professional debt recovery instead

We act quickly, no waiting around for the courts to catch up

We know the tactics debtors use to stall or avoid payment.

We recover what’s owed without you having to carry the stress, risk, and time drain of doing it yourself.

MCOL might look like the cheapest option, but when you factor in the delays, risks, and the fact that a judgment doesn’t equal payment, it often costs businesses more in the long run.

Contact London Debt Recovery Today

Don’t let unpaid debts impact your business or personal finances. Our London debt recovery specialists are here to help you enforce judgments and recover what you’re owed.