Navigating the challenges of the motor trade industry can be demanding, especially when it comes to recovering debts from customers. That’s where we step in. We provide a fast, efficient and flexible motor trade recovery services tailored to the needs of our clients.
Our team of experienced debt recovery professionals can assist you in a number of different areas.
Uninsured loss recovery involves reclaiming financial losses not covered by insurance. Whether it’s damages to property in an accident where the at-fault party lacks insurance or a hired vehicle’s damage is not covered by the hirer’s insurance, we specialise in complex uninsured loss recoveries.
With over 20 years of experience, we ensure you recover the full amount from the third party’s insurance or the third party directly, minimising your out-of-pocket expenses and potential premium impacts.
If you’ve suffered losses due to a road traffic accident, insolvency of the other party, or damage to your loaned or hired vehicle, the Third Party Rights (Against Insurers) Act 2010 empowers you to recover damages from the insurer, even if the at-fault party lacks comprehensive insurance. Acclaim specializes in this Act, aiding you in identifying relevant insurers, assessing success probabilities, negotiating settlements, and taking legal action if required.
We can help you to:
Take legal action against the insurer if necessary
Our team of debt collection professionals specialise in recovering fines from drivers who have committed road traffic offenses while using hire vehicles. We understand the urgency and efficiency required in these situations, recognising the potential damage to your reputation and financial implications. Our expertise ensures swift and effective debt recovery.
If you are a vehicle hire company and you have a customer who has defaulted on their hire purchase payments, we can help you to recover the arrears.
Hire purchase arrears pose a significant challenge to the industry, costing millions annually. Acclaim’s comprehensive service addresses this issue, aiding you in the recovery process and minimising financial impact.
We operate on a contingency fee basis, eliminating upfront costs and ensuring you only pay if we successfully recover your debts. Acclaim is committed to delivering results and easing the burden of debt recovery in the motor trade industry.
Recovering debts in the motor trade can be challenging and time-consuming. Let Acclaim shoulder the burden for you. Contact us today for a free consultation.
Phone: 0113 225 8811
Email: email@acclaim.law