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A Housing Association had been left with damage to property and rent arrears by former tenants. For an increased and pre-agreed fee, a trace and collect service was introduced.

Clearly prior to taking any recovery action, the former tenant needs to be traced. Working with Renaissance Business & Investigation Services, trace facilities are available both in house and by way of physical enquiries.

In the event that the debtor pleads poverty and once applying strict proof and means testing, Renaissance Debt Recoveries will consider an installment plan to recover the debt. Periodical reviews are introduced and all cleared funds are reimbursed to the

Renaissance Debt Recoveries succeeds by its own success in collecting your debts
 

"Thank you for your excellent work so far" - Parcel Force

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instructing client less the agreed commission. Many Housing Associations are fully benefiting from this service often avoiding the need to take legal enforcement action.

Conclusion Both the creditor and the debtor meet a satisfactory resolve to an otherwise unacceptable debt situation.

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