UK debt levels – Page 2 – Churchill Recovery Solutions

Oct 20 2017 20th October 2017 10th October 2017 No Comment by admin

Why Time Is Precious In Debt Recovery

A common issue when businesses decide to pursue their customers for unpaid bills is the amount of time that has passed before they get to that stage. Some businesses might leave it for more than a year before they decide to pursue debtors and this often creates some ambiguity into what rights a company has…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Time Is Precious UK debt levels

Mar 06 2017 6th March 2017 6th March 2017 No Comment by admin

Debt Recovery From European Debtors Post Brexit

Posted in Avoiding Debt, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Recovery

Brexit will almost certainly continue to create seismic shockwaves to the economy in the months ahead and plenty of uncertainty for UK businesses trading with companies in the EU. While previously businesses could fall back on the support of European Union laws when settling disputes, the triggering of Article 50 will eventually remove that support…

Tags:Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Debt Recovery UK debt levels

Jan 21 2017 21st January 2017 13th January 2017 No Comment by admin

Want To Avoid Disputes? Always Include Your Payment Terms!

Posted in Avoiding Debt, Business Debt, Churchill Recovery, Debt Collection, Payment Terms

The biggest cause of disputes over payments relate to payment terms that are either unclear or they weren’t visible at all during the sales process. Even the smallest details can give customers the opportunity to wriggle out of their payment obligations or delay making those payments. Common mistakes include failing to add payment deadlines to…

Tags:Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Payment Terms UK debt levels

Jan 13 2017 13th January 2017 13th January 2017 No Comment by admin

UK Suffers A Festive Debt Hangover

Posted in Avoiding Debt, Business Debt, Churchill Recovery, Debt Collection, Debtor, Small Businesses, UK debt levels

Christmas on the credit card is seen as the main reason why many British people will be feeling the pinch in 2017. A survey by uSwitch found that 85% of people will be paying off credit card debts in the New Year. This could lead to people being more conservative about their spending as they…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Debt Hangover Festive Debt Hangover UK debt levels

Dec 09 2016 9th December 2016 9th December 2016 No Comment by admin

HMRC Are Rated Worst For Debt Collection

Posted in Churchill Recovery, Debt Collection, Debtor, HMRC, Insolvency

Citizens Advice have rated HMRC the worst organisation for debt collection in its league table of debt recovery best practice. The league table title ‘The State of Debt Collection’ measures how well organisations compare in their debt recovery practices including how they make themselves available for enquiries and overall treatment of people who find themselves…

Tags:Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips HMRC UK debt levels

Nov 07 2016 7th November 2016 7th November 2016 No Comment by admin

500,000 Loans Written off Following Debt Collection Failings

Posted in Churchill Recovery, Debtor, Insolvency, Small Businesses, UK debt levels

News that 500,000 Loans have been written off due to failings in collection proceedings should act as a warning to businesses who don’t play by the rules on debt collection. The startling figure relates to car loans and pay day loans which were sold onto a debt recovery firm which didn’t stick to the correct…

Tags:CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Loans UK debt levels

Oct 25 2016 25th October 2016 11th October 2016 No Comment by admin

Rise In Invisible CCJs

Posted in Business Debt, CCJ, Churchill Recovery, Insolvency

County Court Judgements are on the rise amongst people who are unaware they have received them according to an investigation by the Daily Mail Newspaper. This has left many families distraught that they have been prevented from buying houses or worse having to sell homes and businesses to pay off debts. The process of issuing…

Tags:Business Debt CCJ CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips UK debt levels

Aug 11 2016 11th August 2016 11th August 2016 No Comment by admin

They Didn’t Pay You – Should You Use A Debt Collection Agency To Get Your Money?

Posted in Avoiding Debt, Business Debt, Churchill Recovery, Small Businesses, UK debt levels

If you are a business owner with experience, you will know that there are always those clients who pay on time and those that try to buy some extra time. If you are a small business owner, the latter can end up killing your business if you are not careful so when should you use…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips UK debt levels

Apr 04 2016 4th April 2016 4th April 2016 No Comment by admin

Should Investors Be Worried About UK Debt Levels?

Posted in Avoiding Debt, Churchill Recovery, UK debt levels

Low interest rates are something we have come to expect in the UK such is the length of time the bank of England has kept them at 0.5%. Various macroeconomic factors have conspired to keep them that way. Falling energy prices and the need to keep the economy growing are just two of the factors…

Tags:Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips UK debt levels

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