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Indebted Businesses Could Be Given US-Style Insolvency Protection
If a business owes you money you may need to act sooner rather or face a longer wait to be paid under new proposals for US-Style insolvency protection. Businesses that find themselves in financial difficulties and pursued by creditors may soon have an extra six weeks to help them recover and turn things…
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Funeral Expenses Debt – Handle With Care
Funeral debts like any other debt still need to be recovered, but with debts due to rising funeral costs rising, it’s more important than ever to find a sympathetic debt recovery firm to do the sensitive work for you. No company wants to risk gaining a reputation for chasing money from bereaved families…
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Are Households And Companies On A New Debt Binge?
UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are…
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Npower Fined £26m Over Billing And Complaint Handling
IT system problems were behind Npower’s failure to treat customers fairly on billing and the handling of complaints. When it comes to debt recovery, the importance of keeping adequate records about clients and customers cannot be overstated. Recording bills that have and have not been paid is one of the basics of accounting…
