This article discusses CDER Group, a national collections and resolutions company. The firm enforces court orders and writs and has recovered over PS250 million in debt. The firm uses a technology platform similar to those used by bailiff companies. Read on to discover how they can help you. And don’t forget to check out our latest article. The company is now one of the fastest growing companies in the UK. Here is a quick look at what they have to offer.
CDER Group is a national collections and resolutions company
The CDER Group is a leading debt collection agency in the UK. The company was founded in 2004 and had a turnover of PS5 million by 2010. Unfortunately, CDER’s growth was stifled by its legacy IT infrastructure. The firm was using an industry-standard debt enforcement solution which required significant manual intervention and did not provide sufficient transparency. This situation has changed with the help of a new solution from the CDER Group.
The CDER Group offers a number of options to help customers improve their finances. Its field force handles scientific analysis, policy planning, and agency administrative tasks. It also works with the food and drug industry to protect the health of consumers and prevent disease. As part of its service portfolio, CDER Group’s goal is to deliver the right services to its clients at the right time. While the company has a range of options to choose from, the most effective approach is one that works for you.
It enforces court orders and writs
The CDER Group has recently joined forces with three other debt collection companies, Phoenix and Collect Services, and is now managing the arrangements with each company. The company is a legitimate one based in London with the registration number 04118149. You may wonder if the company is scam or not after receiving a letter from them. However, there are a few things you can do to protect yourself.
High Court enforcement officers (HCEO) are responsible for enforcing judgments and court orders. High Court enforcement officers also enforce the “Write of Control,” otherwise known as a “Fi Fa” (Write of Control). These writs are issued for the purpose of recovering money owed, and they may entail the seizure of judgment debtor’s goods.
It uses a technology platform similar to other bailiff companies
The technology platform Hito Edge has revolutionized the debt enforcement industry. The Hito Edge technology platform links all customer and case data, allowing law enforcement agencies to see relationships between individual customers and cases in a unified system. The Hito Edge platform also helps companies track commissions, remittances, and invoicing. This allows CDER to leverage its technology investment to increase its operations’ valuation beyond industry norms.
The CDER Group is a UK-based debt collection firm that is authorised to use bailiffs to enforce court judgments. It claims to have recovered over PS250 million in debt. While the use of bailiffs may seem like the only option, many people are hesitant to use them, particularly in the face of the high costs involved. To help reduce costs, CDER Group offers several solutions.
It has recovered over PS250 million of debt
The CDER Group is one of the largest debt collection agencies in the UK. It was established in 2004 and is now one of the largest debt recovery companies in the UK. By 2010, it had reached turnover of PS5 million. Its growth was initially restricted by an outdated IT infrastructure and the use of industry-standard debt enforcement solutions. These solutions required high levels of manual intervention and lacked transparency. After the implementation of COVID, the CDER Group was able to grow its revenue by 300% while delivering a 12% reduction in direct costs.
If you are facing a debt collection company, you must know your rights and understand your rights. Firstly, you must make sure you know whether you can pay the debt or not. You must avoid rushing into making an incorrect decision as it could lead to further damage. Alternatively, you can contact MoneyHelper for free and independent money guidance. Ensure that you follow the guidance given by the CDER Group and know your rights to fight back.