Category: Business Debt

  • If you are in debt, seeking help can provide a range of benefits

    If you are in debt, seeking help can provide a range of benefits. Here are some of the ways that getting help can be beneficial: Reduced Stress: Debt can cause significant stress and anxiety, especially if you are struggling to make ends meet. Seeking help can provide a sense of relief and reduce your stress…

  • What Bailiffs Can & Cannot Do

    Bailiffs are individuals who are authorized to collect outstanding debts and enforce court orders. They are commonly used by creditors and government agencies to collect unpaid fines, taxes, and other debts. While bailiffs have certain powers to enforce judgments and seize assets, there are also legal limitations on what they can and cannot do. What…

  • Tips to avoid debt

    Debt can quickly spiral out of control and become a major burden, so it’s important to take steps to avoid it. Here are some tips to help you stay debt-free: Create a budget: A budget is a crucial tool to help you manage your finances and avoid debt. Make sure you account for all of…

  • Late Payment – what are my rights if a supplier refuses to pay on time?

    As a small business owner, getting paid on time for all your transactions is essential. A late payment to a small business affects the business in many ways, from potentially not being able to pay staff or not being able to pay rent on time. What is the Late Payment of Commercial Debts (Interest) Act…

  • Prevention and management of rent arrears

    Timely rental collection is key to maintaining a healthy revenue stream. Ultimately, this is what makes a functioning property business where bills are paid on time and balanced in accounting books. However, rent arrears have increased nationally in the last few years, presenting concerns for landlords and the government around reliance on legal action. This…

  • Credit management and debt recovery specialists

    Churchill Recovery Solutions aim to improve the cash flow of our clients. Our managed legal service means we support you through legal action to ensure you recover the money that’s rightfully yours. Our fully trained staff are able to advise and navigate you through the legal process from starting a claim through to enforcement if…

  • More than two million UK households are in debt

    The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with more than two million behind on their electricity payments. The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with…

  • Get help with recovering a debt owed to your business

    Get help with recovering a debt owed to your business Every business is likely to face cash flow and debt challenges at some point. Our debt recovery services can provide effective solutions using a proven combination of highly experienced people and an award-winning case management system. A positive cash flow and sound financials are a…