A JOB WITH PROSPECTS

" Scott Hines is a bloodhound who tracks down delinquent debtors. He enforces High Court judgments against defaulters and his caseload is rising as the economy slows. If your business owes money and Mr Hines knocks on your door, you are in for a lousy day. He rarely leaves empty-handed. ...But Mr Hines, 36, is having a lousy day of his own. He was out at 6am on this cold, bright London morning. But by 10.30am he has collected a big, fat zero. One metaphorical and literal cul-de-sac is just off Charlotte Street. The offices of a fashion wholesaler that owes £3,000 are shuttered and empty. “That happens a lot,” Mr Hines says, “By the time the courts have processed the case, the debtors have disappeared.”... An East End boy made good in a sharp suit and raincoat. Mr Hines is evasive on the question of his performance-related pay. Remuneration consultants say a High Court enforcement officer can earn more than £60,000 a year. For the hard-boiled Mr Hines the occupational hazards include being chased out of kebab shops with carving knives. Debt collectors can expect a prosperous new year as banks and suppliers seek repayment from retailers that traded poorly over Christmas. Claire Sandbrook, Mr Hines’s boss, is unapologetic that her debt collection business, Shergroup, is thriving as the downturn deepens. “That is the nature of the beast,” she says, “We deal in people’s misfortune. And the best way through that is to do the job professionally.’’ Shergroup deploys 25 enforcement officers to cover the whole of England and Wales."
(Financial Times, 17 December) RD