John Pye Auctions Launches New Division – JPS Debt Recovery

Thursday, 14th November 2019

We are proud to announce the launch of JPS Debt Recovery, which will act as an extension to our Business Assets department.

The company has a long-standing affiliation with the debt recovery industry and one of our founding partners, Ann Pye, has been regarded as a pioneering figure in the bailiff community for many years, having ran MA Julious Certificated Bailiffs and enforcement Officers, the John Pye sister company.

John Pye has many retained MA Julious staff after the debt recovery business was sold and these staff to this day provide over 30 years’ in-house experience working in the turnaround, restructuring and insolvency industry and on behalf of government bodies including HM Revenue & Customs (HMRC).

John Pye Business Assets department currently handles over 25,000 asset instructions per annum on behalf of banks, lenders, turnaround, restructuring and insolvency practitioners, government authorities, retail PLC’s and partnerships, property owners and private investors.

The new division has been established in response to client requests, with a notable a gap in the market for a recovery agent who can provide market leading service standards and industry low commission rates.

JPS Debt Recovery will offer clients exclusive access to a completely bespoke online platform –created by our in-house developers – which will enable them to track real time information on live cases and the status of current debt collection jobs for corporate and private clients.

The new division will be headed up by Chris Fish, who has been appointed as National Debt Recovery Manager. With 20 years’ experience working within the debt recovery sector, Chris started his career within John Pye’s sister company MA Julius & Co, founded by Ann Pye, some 10 years ago.

Additional in-house support will be provided by debt recovery specialists and FCA registered enforcement officers.

Trevor Palethorpe, National Head of Corporate Recovery at John Pye said, “Given our long-standing heritage in the debt recovery sector, offering this as a bolt on service to our clients is something which comes as a natural next step to the business”

“We are thrilled to have Chris on board, with his significant experience and passion for the industry we have no doubt he will be instrumental in shaping the JPS Debt Recovery brand and building upon the legacy Ann started in this field”

“We’re delighted to be able to offer this as a service to our clients old and new adding another arm to our already extensive service offerings. This marks an exciting new chapter for the business,” added Trevor.

John Pye Debt Recovery will be a nationwide service to existing clients, as well as corporate and private clients.

To find out more about JPS Debt Recovery and the services offered please contact Chris Fish at [email protected]

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