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Independent Schools
We’re market leaders and the go-to name for credit control guidance and debt collection in the Private Education sector. Proudly representing more than 750 schools and trusts, we have an enviable reputation for getting results. Highly experienced in recommending in right legal action to employ against your debtors, we also ensure…
VIEWSMEs
Why SMEs Choose Redwood Collections At Redwood Collections, we understand the unique challenges faced by small business owners and medium enterprises. Our tailored debt recovery solutions help SMEs secure outstanding payments quickly and efficiently, allowing you to focus on growing your business.With expertise in serving business owners, we combine professionalism with persistence,…
VIEWWhich debt collection service is right for me?
When deciding the most suitable debt collection service for your needs, it's important to explore the different features within each of our service packages.Our range includes the classic Collections service, designed for handling rare, one-off debts.For those with a high volume of debtors and extensive credit control commitments, our Collections+…
VIEWHow does consumer debt collection differ from commercial debt collection?
Consumer debt collection involves retrieving unpaid amounts from agreements between a company and an individual, covering rent, bills, contractor fees, or personal loans. In contrast, commercial debt collection addresses unpaid invoices between two businesses, often tied to contractual disputes or non-payment for goods or services. Commercial debt collection requires a profound understanding…
VIEWWhat happens if the company that owes me money is liquidated or dissolved?
When a company that owes you money goes through the process of liquidation, it means that the company is selling off its assets to pay back its debts. Liquidation is a formal process to resolve financial matters before the company is formally dissolved. However, if the company is dissolved, creditors can…
VIEWHow much does debt collection cost?
Debt collection costs vary based on your preferences. Opting for a commission-only approach with a 'no collection, no commission' guarantee ensures affordability without upfront fees, increasing the chances of recovering the majority of the debt. The flexibility to avoid long-term contracts and access additional services like legal advice and insolvency proceedings…
VIEWIs it possible to recover any costs incurred with professional debt collection?
Providing the debtor is a business, you're legally entitled to recover reasonable debt collection costs by adding them to the value of the outstanding debt. The amount you can charge ranges depending on the sum of the debt. You are entitled to charge an amount over and above one of these…
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