Tag: Debt Recovery

  • CCJs Issued Against Businesses on The Rise Again

    After a long period when the number of CCJs issued against businesses was in decline, the third quarter saw a sharp increase. This suggests that companies are currently far more willing to take their claims as far as a CCJ than they have been for quite some time. 32,629 business CCJs were issued in the…

  • 3 Things You May Not Know About the Enforcement Process

    If you have taken someone who owes you money to court and you win the case, then the debtor has only a limited time to pay you what they owe or face the prospect of bailiffs coming to their premises. This part of the enforcement process is governed by the following actions you may not…

  • Recovering Debt from Outside Within the EU

    Recovering debt from companies outside the UK is no easy task for the average business owner but despite the popular myth that it is impossible to recover money from foreign companies, the EU does offer similar protections to those in the UK. All this of course may change if the UK fails to reach a…

  • Should You Offer Your Late Paying Customer A Payment Plan?

    In an ideal world all of our clients would pay us on time and in full. Unfortunately sometimes this isn’t the case for all sorts of reasons some of which may be legitimate while others are simply delaying tactics. Telling in the difference between the two can be hard but as a general rule you…

  • Debt Recovery No Contract

    As a small business owner or start-up founder it can sometimes be tempting to start work on a project without a contract. Sometimes the one thing that isn’t considered is what happens if that client decides to pull out without paying for services already received? Understandably it can sometimes be harder to pin clients down…

  • Debt Recovery From European Debtors Post Brexit

    Brexit will almost certainly continue to create seismic shockwaves to the economy in the months ahead and plenty of uncertainty for UK businesses trading with companies in the EU. While previously businesses could fall back on the support of European Union laws when settling disputes, the triggering of Article 50 will eventually remove that support…