Wright Hassall starts debt recovery arm
Leamington Spa-based law firm Wright Hassall has launched its own debt recovery business.
The firm has started Quantum Debt Recovery, which specialises in debt collection and purchasing. It will be operating as a separate business but will stay wholly owned by Wright Hassall.
Executive director Phil Wilding, who joined at the start of 2011, is developing the service.
He said: "Through Quantum, we have the opportunity to build a nationally recognised debt collection offering.
"With my knowledge of what a debt collection agency does combined with the litigation and portfolio management expertise already here we can maximise the offering to clients within the financial services sector, principally banks.
"At account level, you need to know which technique will deliver the best results and be flexible with your collection strategies. Traditionally debt recovery teams within law firms have not taken this approach."
Wilding previously worked as a shareholder director for a debt collection agency in Wellesbourne.
