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Why Even Sole Traders Can Benefit From Debt Collection Agencies
Sole traders are often too busy or lack the resources needed to chase late payments and recover debts, which is why hiring a debt collection agency to take care of debt recovery can be a great time and money saver. While most businesses and individuals will honour their payment commitments, a small minority will either…
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How To Protect Your Business From Volatile Start-ups
While we’re not suggesting that every start up company is going to end up owing you money, dealing with a new business requires a certain amount of caution. One thing you probably will get from a start up is a good deal. The owners are likely to be falling over themselves in their eagerness to…
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Want To Avoid Disputes? Always Include Your 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…
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UK Suffers A Festive Debt Hangover
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…
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Business CCJs Fall Following Court Fee Increase
The rise in fees on commercial disputes amounting to more that £10,000 appears to have led to a significant slump in the number of CCJs issued to businesses. This has prompting concerns that smaller businesses and contractors are now being prevented from pursuing claims because the cost means it isn’t worth it. This in effect…
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How To Trace A Debtor If They Have Gone Missing
If there is one thing more annoying than not receiving the money you are owed, it’s a debtor who seems to have disappeared. So how do you go about finding a missing debtor? One of the common problems we see when people approach us for debt recovery services is a debtor who seems unwilling to…
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They Didn’t Pay You – Should You Use A Debt Collection Agency To Get Your Money?
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…
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How To Trace A Debtor If They Have Gone Missing
If there is one thing more annoying than not receiving the money you are owed, it’s a debtor who seems to have disappeared. So how do you go about finding a missing debtor? One of the common problems we see when people approach us for debt recovery services is a debtor who seems unwilling to…
