Whats the difference between using a lawyer and a debt collection agency?
Whilst it may seem cheaper to use debt collection agencies the reality is often quite different. Debt collection agencies charge hefty fees for their work notwithstanding that the debt may be small. Sometimes a one off fee is applicable and other times a percentage of the debt being collected is payable. If legal proceedings are required creditors (with the benefit of Terms of Trade drafted by McKean Park) can rely on our standard clauses to recoup legal costs incurred chasing the debt. The main difference however is the level of service and expertise.
