Higher Education
With over 14 years of experience within the Higher & Further Education sector, LRC believe we are well placed within our industry to collect this type of debt. We collect: tuition fees, accommodation fees, library fines, internal HR ex-employee & commercial debt.
We can help you recover any outstanding debts you may have. Our skilled debt recovery specialists tailor our services - including Pre-Legal Collections, Legal Collections, enforcement services meaning you can make use of our expertise for all your recovery needs, or just one part of the collection lifecycle.
How you can benefit by partnering with LRC
At LRC, we believe that our expertise can provide you with the best possible chance of recovering monies that your University is owed. Here's how we can help you:
- Understanding of types of debt, such as accommodation charges, library fines, car park fines, tuition fees and even IT services. Don't forget we can help you recover normal trade and employee debts too.
- Understanding of student behaviour - by taking a sensitive approach we're able to build a relationship with students, increasing the chance of securing payment .Our payment site is "mobile first" to complement student lifestyles.
- Brand Protection: A key focus for us is the regulatory and compliance arena - by collecting in the correct manner your University name and reputation is protected and it also ensures any future relationship with your customer is protected.
- Optimise your resources: LRC has the experience, specialist knowledge and skills to recover your debts, leaving your in house team to focus on their key roles.
- Save time and money: we ensure the most effective use of your budget and resource. Our partnership with Claims Production Centre (CPC) secures you a discount when issuing claim forms and also guarantee issue within 48 hours. We also undertake all the administration on your behalf.
We can also offer you additional services such as Tracing and Overseas Collections which can prove invaluable to a University given the transient nature of the student population and if there is a high number of overseas students. You can also benefit from our data cleansing service, which ensures we start your collections strategy with the most up to date information - giving you the best chance of recovering your monies and optimising your collections.
We are a framework supplier for London Universities purchasing consortium.
Testimonials
Royal Veterinary College
It is always possible to get hold of a person to discuss a particular case. Our Staff have found LRC employees to be helpful, friendly and quick to respond to any queries.
Leeds Beckett University
Overall, I think LRC provide us with a very good service. We have been with them for over 13 years now and to some extent this tells its own story. I would not have any qualms about recommending them to another University.
Oasis Dental Care
Having engaged the services of Legal Recoveries and Collections across a number of NHS sectors I continue to be impressed with their friendly and professional service. This coupled with a can do attitude, bespoke collection strategies and cutting edge systems it has been a pleasure working with them over the past five years
James Paget University Hospitals
We have worked with LRC for about 9 years now and throughout this time they have provided us with good customer service and are always prepared to go that extra mile. Their recent gaining of 'law firm' status enables them to now handle the entire debt recovery process for us from pre-legal collections, through to legal proceedings and enforcement therefore ensuring continuity.