Bluestone comprises a team of experienced business individuals, led by Jerry Young, with over 50 years of experience in the legal and investigative fields. Having worked in these fields we formed the clear view that standard debt recovery practices are, to say the least “hit and miss”.
Without a full and clear picture of why a debtor isn’t paying, whether this relates to a genuine legal dispute over the debt, whether the debtor is “wise” to standard debt recovery tactics such as generating clearly standard letters for all debts, which may not be taken seriously by a debtor, or whether the debtor genuinely can’t pay, it is impossible to come up with the right strategy to deal with the problem.
The Bluestone solution
- Due diligence on the debt and the debtor
- We find the right solution for both you and us, whether this is an offer to buy your debt or a commission based debt recovery strategy
- Many debt buyers will only buy large portfolios of debt but we consider all debts for purchase, whether portfolio or individual.
- Many debt collection agencies operate solely on the basis of basic debtor checks, follow up letters and telephone calls. In other words, they rely on bulk methods and percentage success rates. We use a tailored, specific, individual strategy for investigation and recovery of each debt.
- We have the legal and procedural knowledge in-house to litigate to recover. With better knowledge through good investigation and time spent working on a strategy, we obtain better results