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
What is Schedule 10 and what does it mean for me?
10 January 2022
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?
06 December 2021
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?
06 December 2021
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?
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?
