What We Do
Bishop Warden is a specialist debt solutions company providing businesses with an alternative option to traditional debt collection agencies.
Selling, or assigning, a debt to a debt purchaser provides a ‘cleaner’ and simpler alternative to other, more traditional debt recovery options, such as managing debt collection in-house, contracting with an external debt collection agency, or initiating your own legal proceedings with a lawyer.
For the business owner and financial controller, the benefits of assigning a debt, rather than transferring it to an external agency for collection include:
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No set-up fees and charges
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No legal fees up front
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Improving balance sheets by enabling the debt to be moved off the books.
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Providing businesses with ‘access to justice’ that might otherwise not be available because of the expense of engaging lawyers.
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Protection for their brand in not having debt collection activities linked to them directly; and
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Reducing stress from pursuing debts and being witnesses in Court
Talk to us about whether selling your debt could work for you.
Our Process