The Benefits of Debt Collection for Companies. As a business owner, it’s important to understand all of your options when it comes to receivables. Debt collection is one option that can help you recoup money that is owed to your company. While the process may seem daunting, there are many benefits of debt collection that … Read more
No Win No Fee Debt collection is very much something that is too good to be true. No Professional business can operate without the knowledge they will not get some form of payment for their efforts. Whilst there needs to be a carrot and stick situation, nobody can simply work for free. The No Win … Read more
Commercial Debt Recovery Every business owner knows how stressful and irritating it can be when someone owes you money. If your business has provided goods and services but not been paid for them, it can be very problematic. If your business is owed money, you will need an effective solution quickly before your cash flow … Read more
Collection Agency – The Best Way To Recover Debt Disputes, unpaid invoices and late payments can all cause unwanted headaches for businesses of every size. Losing money to situations like this can turn an inconvenience into a problem. Business debts must be recovered as soon as possible. The topic of collecting debts is something that … Read more
Chasing Old Debts The pace of business and personal life moving at breakneck speeds. With this in mind, it is very easy for people to accumulate a backlog of money that is owed to them. If this is left idle for too long, the debt may become “statute barred”, or “prescribed” in Scotland. In England … Read more
CCJ Debt Collection – Recover Your Debts When both businesses and private individuals are owed money, they often seek to obtain a County Court Judgement (CCJ) that will help them reclaim what is owed. This is often successful, but there is still a requirement to enforce the CCJ. A CCJ is a formal judgment made … Read more
Can You Sell Debt to a Collection Agency, and Should You? For the vast majority of people that are owed money, the only objective is to recover the full amount. However, in some cases, the original lender may be unable to make any attempt to recover the money. With this in mind, they may seek … Read more
Can I Use a Debt Collection Agency? Regardless of the type of debt you are owed, if someone refuses to pay you must take action. Failure to do so can leave the original creditor in a difficult financial position. In some cases, it can put their entire enterprise at risk. There are many reasons why … Read more
Business to Business Debt Recovery Protocol Businesses of every size in any industry are affected by non-paying clients and customers. The battle between debtors and creditors is known to businesses in England and Wales, Scotland, and the rest of the world. Unfortunately, it is common not to be paid after providing goods or services. This … Read more
Choosing a Business Debt Collection Agency Overdue invoices and non-paying clients are just some of the many issues business owners deal with on a daily basis. All matters relating to commercial debt recovery must be acted on as soon as possible. Both large and small businesses rely on a stable cash flow, and any instance … Read more