Cobra Financial Solutions
Cobra Financial Solutions employs a team of debt collectors and other professionals who have a great deal of experience in the industry. As a result, it is capable of providing high-quality services and can assure clients of a good chance at successful debt recovery, with recent annual success rates for Cobra Financial Solutions being 79% and 85% in 2011 and 2012 respectively.
As a result, Cobra Financial Solutions does have a client base that is satisfied with the pre-legal, legal and enforcement services the firm offers. The experience and expertise Cobra Financial Solutions has enables it to identify both common debtor excuses and the appropriate response to make to each. It is often the case that bad debtors claim to have sent the cheque already, but this firm knows that if payment has been sent it is possible to provide further proof. Cobra Financial Solutions can also easily identify situations in which debtors attempt to shift blame to others unfairly and act appropriately in response. Cobra Financial Solutions also knows that if the common excuse of debtors not possessing the relevant ownership turns out to be true, ownership or lack thereof may be proven within five days.
Jaqui Moss, Financial Controller at Drax (UK) Limited, has spoken of the high level of satisfaction her company has had with the conclusion reached with the assistance of Cobra Financial Solutions. This particular case illustrates how Cobra Financial Solutions' expertise can be of help even when the debtor in question is a company approaching insolvency. In Drax's case, Cobra Financial Solutions helped to recover £6,000, protecting Drax from experiencing losses. Moss recommends the firm's services to other businesses. Sue Harris, Managing Director at Eastnor Limited, has also praised the firm, noting the important place Cobra Financial Solutions and its services have in a climate that has seen many small businesses struggle with recovering monies from bad debtors. Eastnor Limited had been seeking payment from a bad debtor for nearly 9 months prior to employing Cobra. Harris has said that the speed of service and depth of knowledge at the firm helped resolve the situation in merely 10 days of instruction.