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Ten things you should know about debt recovery services Keeping a steady flow of cash coming in is fundamental to the strength and continuation of a business. Unfortunately for many organisations, customers are not necessarily particularly reliable when it comes to paying what they owe, and it can be an arduous battle ensuring that their…
DetailsWhat can my client expect from a process server? If you’ve never used a process server before, you may be wondering what happens when we send one of our process servers out on your behalf. Let’s take a few minutes to clear up what they do. A process server’s job is to get court documents…
DetailsCommon excuses for stalling payment For any small business, cash flow management is essential. If one of your main clients stalls payment, it can put you in a precarious financial position. You too may fall behind on payments, which causes you to incur overdraft fees. Or, you may not be able to take advantage of…
DetailsA Step-by-Step Guide to Doorstep Debt Recovery Many large or small businesses, sole traders or even individuals find situations arise where they need a doorstep debt recovery service in order to get information about what is happening at a location, and even to ask for money or possessions owed to be returned. There are services…
DetailsHow using a debt collector could save you thousands Using a debt collector isn’t a service that any person or business wants to have to use, but sometimes it is essential to make sure that you’re not out of pocket, and that you receive as much money back from your bad debt as possible. Unfortunately…
Details14 common misconceptions about debt recovery The television guide seems to be full of programmes about bailiffs, debt collectors and sheriffs collecting what’s owed to their clients, but there’s a lot of dramatisation which probably makes debt recovery services look a lot more terrifying than they really are. We’ve taken the time to dispel some…
Details10 compelling reasons why you need Credit Control Let’s face it, late payments and the debt collection process can be quite stressful for any business, whether a sole trader, SME or a larger outfit. With a recent study confirming that SMEs in the UK are owed £14.2 billion in late payments, it is unlikely that…
Details10 surprising facts about doorstep debt recovery When you have a debtor you or a debt collector can use a lot of means to contact them to ask them to pay the debts they owe to you. One of these methods is to send a debt collector to your home to visit them in person.…
DetailsChanging a culture of late payment If your company suffers because of a culture of late payment then it is important to try and change this. Late payment cultures arise because of cash flow management processes, but they can hurt your business by limiting your cash flow too. Herein we consider how you can tackle…
DetailsThree reasons debt collection agencies provide a vital service When mentioning debt collection agencies to members of the public, on occasion the reaction can be fairly negative. People very often have a stereotypical idea of the burly and threatening debt collector with his shaved head and imposing build, scaring the life out of old-aged pensioners…
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