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The harsh realities of debt recovery and how to deal with them
If you have ever had to recover an overdue invoice from a difficult customer, you will know all too well know the process is rarely straightforward. This article will cover 3 harsh realities of the debt recovery process and will also provide guidance as to how best deal with such potential issues. Debt recovery isn’t…
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Eviction rights explained as notice periods for tenants is slashed
Eviction notice periods are being reduced as notice periods return to pre-pandemic levels. We explain what this means and your rights if you’ve been asked to leave your home. Eviction notices are being slashed as temporary measures in place to protect tenants return to pre-pandemic levels. Extra support was put in place during the Covid…
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Which type of businesses usually use a debt collection agency?
Whether it is simply for advice surrounding problem invoices or for an ongoing credit control service, debt collection agencies are used by thousands of businesses of all kinds across the UK. Why do companies use external providers when it comes to debt collection and credit control: Regain time and resource to focus on newer invoices…
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CAN LANDLORDS EVICT TENANTS IF THEY HAVE BEEN AFFECTED BY THE CORONAVIRUS PANDEMIC?
An article from Property Wire has advised that Landlords who look to evict tenants once the eviction ban ends on August 23rd need to disclose whether a tenant’s circumstances were affected by the pandemic. If the situation isn’t properly investigates and disclosed, judges could throw some cases out of court. The article has said that…
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Three-step process
Whatever the size or age of the debt, we can save you time by advising you at the earliest stage about the best way to go about recovering your money. Our three-step process makes understanding debt recovery easy and our aim is to resolve matters before step two. These steps are; 1. Pre-litigation This includes:…
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Bailiff crisis hit repossessions
Pre-Covid signs were promising. Possession action was falling with figures from the first quarter of this year the lowest in 20 years. However even before the pandemic saw courts close for six months, there was a backlog of cases, as they were operating at full capacity. With increasing numbers of landlords having to use bailiffs…
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Payment holidays are due to end on October 31, but there is still a way to get financial support
Martin Lewis urges people with debt to apply for a payment holiday before the support ends in a few days. Martin Lewis has issued an urgent warning to anyone across the UK struggling with their finances due to the ongoing coronavirus pandemic. Writing in the latest edition of the MoneySavingExpert.com newsletter, the consumer champion had…