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What’s the difference between credit management and debt collection?
Running a business isn’t easy and it often means juggling lots of different parts – dealing with money coming in is one of the trickiest. Two things that play a big role in this are credit management and debt collection. They’re often talked about together, but they actually handle very different parts of…
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Why choose Churchill Recovery Solutions for your business sector recovery services?
When one company doesn’t get paid, it often means they can’t pay their own bills and just like that, the problems start spreading. That’s what Churchill Recovery Solutions is here to prevent. We’ve seen how unpaid debts can affect not just one company, but entire industries. Our team works closely with clients to…
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Rent Quarter Days Explained
In the UK and Ireland, there’s a long-standing tradition around something called quarter days. These are four specific dates spaced out across the year when things like hiring staff, starting school terms, and paying rent typically happened. They’re tied to old religious festivals and line up pretty closely with the solstices and equinoxes.…
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Helping People Get Back on Track: What Churchill Recovery Services Does…
Debt collection isn’t always straightforward — our experience tell us every situation is different. That’s why we deal with each case in a way that fits the customer, not just the paperwork. We stick to one key principle: treat people fairly. No matter what. We’re happy to get involved at any point —…
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How to Deal with Bailiffs Chasing You for Money
Dealing with bailiffs can be stressful, but it’s important to approach the situation calmly and methodically. Bailiffs, also known as enforcement agents, are hired to collect debts. Understanding your rights and taking the right steps can help you manage the situation effectively. 1. Understand Your Rights Bailiffs must follow strict rules when collecting debts.…
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Arrears Prevention: A Proactive Approach to Financial Stability
Arrears, or unpaid financial obligations, can quickly escalate into a significant challenge for individuals and businesses alike. Whether it’s overdue rent, mortgage payments, utility bills, or loan installments, falling behind on payments can lead to financial instability, strained relationships, and potential legal action. The key to managing arrears is prevention—taking proactive steps to…
