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
Taking on a high-level challenge for charity
21 February 2023
The countdown is on as we prepare to take part in the National Three Peaks Challenge this May. It’s all for an important cause – members of our team are fundraising for the Royal National Children’s Springboard Foundation (RNCSF), a charity that helps transform the lives of children and young people through access to high-quality education.
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
Will chasing a debt affect my reputation?
13 July 2022
Putting an overdue debt in the hands of a debt collection agency can feel like a big step, so it's natural to worry about the impact on your good name. However, doing nothing can be just as bad for your reputation.
How debt default can impact an individual's credit score
10 June 2022
Credit scores are an important part of most people's financial health. So, as a creditor, it's important to be aware of how you can leverage that fact to chase an overdue debt.
What makes business to business debt collection different?
10 June 2022
Credit is the lifeblood of the business-to-business trading environment. But with the ever-present threat of debts going bad, it's good to know that commercial debt collection offers some pathways to recover what you're owed.
How do you chase a debtor when they have no current address?
25 May 2022
It may sound like a rare occurrence, but losing touch with a debtor is more common than you think. So, what do you do if your customer seems to have disappeared?
