Tag: Debt Collection Tips

  • 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…

  • 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…

  • 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…

  • 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…

  • They Didn’t Pay You – Should You Use A Debt Collection Agency To Get Your Money?

    If you are a business owner with experience, you will know that there are always those clients who pay on time and those that try to buy some extra time. If you are a small business owner, the latter can end up killing your business if you are not careful so when should you use…

  • 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…

  • They Didn’t Pay You – Should You Use A Debt Collection Agency To Get Your Money?

    If you are a business owner with experience, you will know that there are always those clients who pay on time and those that try to buy some extra time. If you are a small business owner, the latter can end up killing your business if you are not careful so when should you use…

  • Will Brexit Increase Business Debt?

    Brexit for now hasn’t resulted in the economic catastrophe many people predicted. This may be largely down to the fact that the divorce from the EU is likely to be long and protracted. Formal notice of the UK’s intention to leave has yet to be given and we are left with a period of uncertainty…