Our Blog
Everything you need to know about Debt Collection
We update 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

The truth about debt collection and small businesses
Find out why, as a small business owner, you shouldn’t be put off getting professional help to recover what you’re owed.

What is debt recovery?
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

What is Schedule 10 and what does it mean for me?
An amendment to Schedule 10 of the Corporate Insolvency and Governance Act (2020) means creditors can now resume statutory demands and winding-up petitions, although some coronavirus-related protections remain and there have also been changes to the petition process.

What if a solicitor's letter is not enough to settle a debt?
Many overdue debts are settled promptly when the customer receives a solicitor's letter. However, that's not always the case. If you still don't receive payment, it's time to make a decision about how to proceed.

Which debt collection service is right for you?
A good debt collection agency will offer a range of right-sized solutions tailored to different clients, from major corporations and SMEs to public sector organisations and educational establishments.

How effective are debt collection agencies?
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?