Our Blog
Everything you need to know about Debt Collection
We’ll be updating our blogs with impartial and up to date information regularly. You can trust Redwood to provide you all the relevant help and advice on debt collection.
Featured Articles
How effective are debt collection agencies?
01 November 2021
If your internal credit control team are struggling to recover an unpaid debt, then getting professional help from a debt collection agency could be the answer. But how can you be sure of a successful outcome?
What is debt recovery?
01 November 2021
Managing debtors and chasing overdue payments can be a time-consuming business. If your finance team is over-stretched, it could be time to seek external debt recovery support.
Latest Articles
How to deal with non-payment of school fees
28 February 2022
The risk of non-payment of fees by parents of leavers can be a real concern for many independent schools. Therefore, you need to reduce that risk or take appropriate action when the worst happens.
What impact does inflation have on debt collection?
17 February 2022
Rising costs can put businesses under pressure, increasing the risk of them delaying payments to suppliers or even defaulting on debt. That could spell danger for you as a creditor.
Why is a crackdown on debt-evading directors good news for debt recovery?
15 February 2022
Chasing long-term, overdue debt can be time-consuming and frustrating enough, but if the company you're chasing ceases to exist, things can get tricky. Now, at last, the Insolvency Service has been given new powers to investigate and disqualify directors who fraudulently dissolve their companies to avoid paying debts.
How rising interest rates can impact on debt
10 January 2022
With interest rates likely to rise further in 2022, many could find themselves under increased financial pressure. Therefore, robust credit control and efficient debt management are more important than ever.
