Debts – Page 3 – Churchill Recovery Solutions

Aug 12 2019 12th August 2019 12th August 2019 No Comment by admin

It will soon be compulsory for bailiffs to wear body-worn cameras

Posted in Bailiffs, Business Debt, Chasing Payments, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debts, Enforcement Process

The Ministry of Justice have announced that it is to be compulsory for bailiffs recovering debts from private homes to wear body cameras. The decision, which was announced on July 22nd2019, was made in response to complaints about threatening behaviour from unscrupulous enforcement agents. Here at Churchill Recovery we believe that debt collection should always…

Tags:Bailiffs body-worn cameras Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Ministry of Justice

Aug 05 2019 5th August 2019 12th August 2019 No Comment by admin

How to charge interest on late payments

Posted in Chasing Payments, Churchill Recovery, Debt Collection, Debts, Insolvency, Interest, Recover Your Debts, Recovering Debt

Charging interest on late payments is an effective way of protecting your business’ cashflow. UK businesses of all shapes and sizes are suffering due to the country’s late payment culture. 80% of small businesses are paid late, and on average, SMEs are owed £6,142in late payments at any one time. Being paid late can have…

Tags:Business Debt Charge Interest Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Insolvency Interest

Jun 03 2019 3rd June 2019 3rd June 2019 No Comment by admin

6m Brits would pay for financial advice if it was cheaper

Posted in Business Debt, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debts, Late Paying Customer, Payment Plan, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

A study has found that almost 6m British adults would be willing to pay for financial advice if it was more affordable. As both households and businesses in the UK face a debt crisis, the results of a study suggest that many people are not getting access to the financial advice they require. The report,…

Tags:Business Debt CCJ CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Company Debt Collection Procedures Debt Collection Tips Financial advice

May 01 2019 1st May 2019 1st May 2019 No Comment by admin

How do late payments affect small businesses?

Posted in Business Debt, CCJ, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy, Small Businesses, SMEs

Chasing late payments wastes time and money for small businesses, as well as posing a serious threat to their survival. Late paying customers are a frustrating and worrying problem that most small business owners are all too familiar with. In fact, research shows that on average small UK businesses are owed £24,841in late payments, and…

Tags:Late Payments Small Businesses

Apr 20 2019 20th April 2019 10th April 2019 No Comment by admin

Tips for encouraging customers to pay on time

Posted in Business Debt, Chasing Payments, Churchill Recovery, Creditors, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, Insolvency, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy

Late payments can have a dangerous knock-on effect to your business’ cashflow, as well as costing you time and money to chase them up. The safest way to do business is always to take money upfront. Failing this, it’s important to take whatever measures you can to encourage customers to pay you on time, every…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Late Payment pay on time Reduce Late Payment

Apr 07 2019 7th April 2019 10th April 2019 No Comment by admin

Benefits of automating accounts receivable tasks

Posted in Churchill Recovery, Creditors, Debt Collection, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts

Automating accounts receivable tasks can save time and help to collect customer payments quickly and efficiently. Outstanding payments from debtors are one of the key reasons that small businesses run into trouble. Not only does chasing late payments waste valuable time, late payments can also have a devastating effect on your business’ cash flow. Keeping…

Tags:automating accounts Benefits of automating accounts Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery

Mar 24 2019 24th March 2019 4th March 2019 No Comment by admin

What is the government’s ‘breathing space’ scheme?

Posted in ‘breathing space’ scheme, Avoiding Debt, Brexit, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, Small Businesses, SMEs

The government’s ‘breathing space’ scheme could offer those in debt a valuable 60 day respite period to seek help and get their finances in order. The breathing space scheme, also known as the debt respite scheme, was first announced by the government in October 2017. The scheme is intended to give people time to get…

Tags:‘breathing space’ scheme Business Debt CCJ CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Small Businesses

Mar 04 2019 4th March 2019 4th March 2019 No Comment by admin

3 steps to determining a customer’s creditworthiness

Posted in Avoiding Debt, Business Debt, CCJ, Chasing Payments, Churchill Recovery, customer’s creditworthiness, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debtor, Debts, Insolvency, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

If you supply customers with a product or service, then offering a credit facility is a great selling point, but it doesn’t come without its risks. Whilst it is impossible to completely safeguard yourself from non-paying customers, it pays to have a system in place for checking a company’s credentials before you commit to working…

Tags:Business Debt CCJ CCJ Difficulties Churchill Recovery customer’s creditworthiness Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery UK debt levels

Feb 22 2019 22nd February 2019 6th February 2019 No Comment by admin

CCJs Issued Against Businesses on The Rise Again

Posted in Avoiding Debt, Business Debt, CCJ, CCJs Issued, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debts, Insolvency, Recover Payments, Recover Your Debts, Recovering Debt, SMEs

After a long period when the number of CCJs issued against businesses was in decline, the third quarter saw a sharp increase. This suggests that companies are currently far more willing to take their claims as far as a CCJ than they have been for quite some time. 32,629 business CCJs were issued in the…

Tags:Business Debt CCJ CCJ Difficulties CCJs Issued Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery

Feb 06 2019 6th February 2019 6th February 2019 No Comment by admin

3 Things You May Not Know About the Enforcement Process

Posted in CCJ, Charging Order, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, Enforcement Process, Late Paying Client, Late Paying Customer, Late Payment, Late Payment Law, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

If you have taken someone who owes you money to court and you win the case, then the debtor has only a limited time to pay you what they owe or face the prospect of bailiffs coming to their premises. This part of the enforcement process is governed by the following actions you may not…

Tags:Business Debt CCJ CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Enforcement Process UK debt levels

Churchill Recovery Solutions

Category: <span>Debts</span>