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News & Articles

What-Next-For-Businesses-During-COVID-19
Debt Recovery
Eric Smith

A Post COVID-19 Era For Businesses

A post COVID-19 era for businesses Even with the arrival of a new vaccine, the world is once again on high alert due to a new highly contagious strain of COVID-19.    If I can use the following metaphor: it seems that every time we think that there is light

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Process Serving First Capitol
Process Serving
Eric Smith

What is Process Serving?

What is Process Serving? The term process serving refers to the practice by which legal documentation is delivered to its recipient, typically to a person involved in a court case or other legal proceedings.  Process serving exists because, in some instances, it is a legal requirement for an individual to

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Debt Recovery
Eric Smith

Need to Find Someone?

Need to Find Someone? It May be Easier Than You Think When a friend, family member, or even colleague, asks to borrow money from you, it can be awkward to refuse, especially if they seem in desperate need. Typically, we never think twice about saying no, or hanging up to

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virus-4937553_1920
Debt Recovery
Gus Anderson

Debt Recovery for SMEs During COVID-19

Did you know that before the outbreak of the COVID-19 pandemic 76% of all UK businesses were being paid late? According to a survey from Xero Small Business Insights, their research suggests the small and medium business economy could have been forced to deal with an average deficit of £141bn

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Black businessman using computer laptop
Doorstep Collections Debt Recovery
Gus Anderson

Outsource your doorstep collections

Why outsource your doorstep collections? Discover why you should outsource your doorstep collections in this easy-to-follow, comprehensive guide.    Money should never be considered a dirty business; however, collecting it, especially having to do doorstep collections, often is for some people. Entrepreneurs start their businesses with usually with one aim

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Debt Recovery
Gus Anderson

Small Business Debt Collection

Debt collection tips for smaller UK businesses and sole traders All UK businesses struggle with recovering debts at some time; so it’s important to operate stringent debt recovery controls and also know the right time to instruct professional debt recovery services. We’ve put this brief guide together to help any

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Credit Control
Gus Anderson

How to increase cash flow and reduce debt

How to increase cash flow and reduce debt Having a good, positive cash flow is vital for any business. In fact, many companies, even those that are only marginally financially viable, can remain in business for years, as long as they are in control of their cash flow. Even companies

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Piggy bank with ETF text
Credit Control
Gus Anderson

How to prevent bad debt for your business

How to Prevent Bad Debt in Your Business Good credit control is essential in order to ensure that your business remains profitable and is sustainable for the future. However, it is not always easy to manage your cash flow, particularly when you are reliant on customer payment. Here are a

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6848822477_11c5a7dfab_b
Debt Recovery
Gus Anderson

2 month ‘breathing space’ scheme

Two-month ‘breathing space’ scheme to help those in serious debt The concept of implementing a period of ‘breathing space’ for those with serious issues around debt has been discussed for a long time, but it has now been announced that from 2021, it will officially come into effect in the

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Upset man holding credit card in debt
Debt Recovery
Gus Anderson

Pre-Action Protocol For Old Debt

The Pre-Action Protocol For Debt Claims – 6 months on Back on October 1st, 2017, the Ministry of Justice released a new Pre-Action Protocol for Debt Claims, and despite it now being just over six months since these changes came into effect many companies still aren’t quite sure how to

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