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Late Payment – what are my rights if a supplier refuses to pay on time?
As a small business owner, getting paid on time for all your transactions is essential. A late payment to a small business affects the business in many ways, from potentially not being able to pay staff or not being able to pay rent on time. What is the Late Payment of Commercial Debts (Interest) Act…
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Prevention and management of rent arrears
Timely rental collection is key to maintaining a healthy revenue stream. Ultimately, this is what makes a functioning property business where bills are paid on time and balanced in accounting books. However, rent arrears have increased nationally in the last few years, presenting concerns for landlords and the government around reliance on legal action. This…
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Credit management and debt recovery specialists
Churchill Recovery Solutions aim to improve the cash flow of our clients. Our managed legal service means we support you through legal action to ensure you recover the money that’s rightfully yours. Our fully trained staff are able to advise and navigate you through the legal process from starting a claim through to enforcement if…
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More than two million UK households are in debt
The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with more than two million behind on their electricity payments. The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with…
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1 in 10 ‘buy now, pay later’ shoppers chased by debt collectors
One in 10 shoppers who use buy now pay later have been chased by debt collectors, according to Citizens Advice. In February the Treasury said services would become a regulated activity policed by the Financial Conduct Authority. Regulators have been urged to crack down on ‘buy now, pay later’ firms after a damning report revealed…
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Get help with recovering a debt owed to your business
Get help with recovering a debt owed to your business Every business is likely to face cash flow and debt challenges at some point. Our debt recovery services can provide effective solutions using a proven combination of highly experienced people and an award-winning case management system. A positive cash flow and sound financials are a…
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Home visits from debt collectors
Your creditors can use different ways to get you to pay your debts. One way is to send a debt collector to visit your home in person, although they will often call or write to you first. You are not obliged let a debt collector into your home and they don’t have the right to…