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What Is A Charging Order?
There will be times in business where you encounter clients who continue to refuse to pay what is owed even after a case has gone to Country Court and a judgement has been made in your favour. Fortunately, if the debtor is particularly stubborn in settling their debt it is still possible to get hold…
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Advice On Chasing Payments From Your Customers
No matter how good your relationship is with your customer, a refusal to pay what is owed amounts to them hanging on to money that rightfully belongs to you. If everyone took advantage of a service then refused to pay for it then then the economy would grind to a halt so non-payment is a…
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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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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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How To Protect Your Business From Volatile Start-ups
While we’re not suggesting that every start up company is going to end up owing you money, dealing with a new business requires a certain amount of caution. One thing you probably will get from a start up is a good deal. The owners are likely to be falling over themselves in their eagerness to…
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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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Rise In Invisible CCJs
County Court Judgements are on the rise amongst people who are unaware they have received them according to an investigation by the Daily Mail Newspaper. This has left many families distraught that they have been prevented from buying houses or worse having to sell homes and businesses to pay off debts. The process of issuing…
