Debt Purchase

Despite the temporary drop in purchase prices witnessed in 2008 & 2009, debt sale remains an important element of the recovery process for many financial institutions in the UK.  Our positive impact since entering the UK has caused a number of major creditors to recognise the Treating Customers Fairly and reputational benefits of segmenting their deceased portfolio during the debt sale process.

Whilst we have valuable contingent relationships with a significant proportion of the debt purchase market, and will continue to focus on delivering positive results for these clients, Phillips & Cohen Associates (UK), Ltd. is uniquely placed and well funded to purchase deceased accounts.  We successfully completed multiple deceased purchases with some of the UK’s largest financial institutions. Our specialist knowledge and probate expertise allows us to provide additional re-assurance to Boards of Directors and shareholders alike, that their most sensitive accounts will receive the appropriate treatment while protecting their brand at all costs.