Bohemia, NY (PRWEB) December 20, 2012
On December 20, 2012, debt collection company Rapid Recovery Solution, responded to a London Evening Standard article by Lucy Tobin, regarding how late tax filers could face debt recovery.
According to the London Evening Standard article, “Some 300,000 Britons who haven’t filed their tax returns for 2011 could face “debt-recovery actions” including court proceedings and seized assets if they continue to ignore the Revenue’s approaches next year.”
The article warned that letters will be mailed out to those whose late returns have exceeded the amount of £1,300. The article states that the letters, “will let them know that we will either work out their penalty liability via their tax code during the 2013/14 tax year, or, if they are not in PAYE they will face debt-collection action.”
The article mentions that the people who are not filing for returns have ignored previous warnings and reminders, and have brought this upon themselves. The article also urged people who feel their penalty should be waived, or should not have to complete a return at all, to be in contact with the agency right away.
John Monderine, CEO of debt collection company Rapid Recovery Solution, responded with his views on the article. “Being late to file your tax returns is unacceptable, and I am glad to see an aggressive debt collection approach on the matter.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We do not alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.