Tag: Debt Collection Procedures

  • Should You Name and Shame Late Payers On Social Media?

    If there is one thing that kills businesses, it’s late paying customers and unfortunately there will be plenty out there willing to leave you struggling to keep your business going. In the past business owners would have been left seething in silence and waiting to get their revenge thorough some form of debt recovery –…

  • CCJ – What Happens After A Judgement In Your Favour?

    After you have exhausted all your attempts to recover debts from a company or individual, there is always the final option of taking them to court. For smaller debts business owners opt for the small claims court and this can often result in a judgement issued against the defendant and money being recovered in most…

  • CCJ – What Happens After A Judgement In Your Favour?

    After you have exhausted all your attempts to recover debts from a company or individual, there is always the final option of taking them to court. For smaller debts business owners opt for the small claims court and this can often result in a judgement issued against the defendant and money being recovered in most…

  • How Small Businesses Can Reduce Late Payment

    Late paying clients can have a damaging effect on the cashflow of small businesses and there are cases where little could have been done to prevent this happening. There are however ways to reduce the risk as we will explore in this blog. One recent study into small business cash flow problems found that the…

  • 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 around. At…

  • Is Your Business Prepared For Another Recession?

    Recessions are as inevitable as anything else in life and with recent news that debt levels are once again spiralling out of control in the UK, it is only a matter of time before the next one arrives. As a business owner you may well be having a better time of it than in the…

  • Should Investors Be Worried About UK Debt Levels?

    Low interest rates are something we have come to expect in the UK such is the length of time the bank of England has kept them at 0.5%. Various macroeconomic factors have conspired to keep them that way. Falling energy prices and the need to keep the economy growing are just two of the factors…

  • 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 so it’s…