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How To Improve Your Debt Recovery Processes
Late payments can have a major impact on business survival therefore it is crucial that an effective process is in place to tackle the problem before it gets out of hand. As with any effective operation, preparation is the key and there is a lot that can be done to streamline your business debt recovery…
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Should You Use A Debt Collection Company If You Are A Sole Trader?
The number of self-employed individuals working as sole traders has increased dramatically in recent years as technology has brought new freedoms to work self employed doing a greater variety of jobs than ever before. Self-employment is no longer confined to tradespeople and high flying consultants it is just as easily available to people with all…
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When Is It Too Late To Recover Payments?
A common question for people seeking payments for overdue invoices from customers is when is it too late to recover payments? While we all like to think that our customers will do the right thing and pay on time, sometimes you will come up against customers who have no intention of settling their invoices. Weeks…
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3 Questions To Ask A Customer That Hasn’t Paid On Time
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Debt Charities Complain That Bailiffs Continue To Abuse Powers
Debt charities have been highlighting how some bailiffs have been continuing to intimidate debtors despite changes in the law designed to place limits on their powers. The flouting of current rules and regulations could see the government take a harder line particularly when there are reports that debtors have been treated unfairly. While the complaints…
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UK Suffers A Festive Debt Hangover
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HMRC Are Rated Worst For Debt Collection
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…
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NHS Recruiting Debt Collection Teams To Prevent Health Tourism
The NHS isn’t an organisation normally associated with debt recovery, but recent news headlines suggest it is attempting to recover more cash from what are referred to as health tourists. News that health tourists are getting away without paying in many cases is likely to add fuel to the problems already facing the NHS when…
