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Reputable Debt Collectors Aren’t Gangsters
The one thing that puts people off going to debt recovery companies is the fear they will be getting involved with gangsters who will send out some burly individuals to force people to hand over what they owe. Of course these sorts of people do still exist and in the distant past getting into debt…
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3 Top Tips To Help You Recover Debts
Being owed money is an unfortunate side effect of doing business for many company owners and recovering them can cause further pain when the process becomes a long, drawn out affair, which is often the case with bad customers. So help you recover you debts as quickly as possible here are 3 top tips to…
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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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How To Recover Your Debts Without Frightening Clients
If you’re a business having problems with bad debts, those clients continuing to avoid paying you can make your blood boil. The problem is when those clients that owe you money are your most valuable clients, it’s unlikely you will want to frighten them away altogether. So what should you do to avoid scaring your…
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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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500,000 Loans Written off Following Debt Collection Failings
News that 500,000 Loans have been written off due to failings in collection proceedings should act as a warning to businesses who don’t play by the rules on debt collection. The startling figure relates to car loans and pay day loans which were sold onto a debt recovery firm which didn’t stick to the correct…
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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…