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How Independent Schools Can Recover Unpaid Debt Whilst Protecting Their Reputation
Debt recovery is a sensitive area for any business. However, when it comes to independent schools, it’s vitally important to ensure that getting paid what you’re owed doesn’t have a negative impact on your reputation. Most of your debtors are not just debtors; they’re also parents whose relationship with you…
VIEWWhat is a Writ of Control?
The issuing of a CCJ may be enough to persuade a debtor to settle a debt or agree to a payment plan. However, there may still be cases where it’s necessary to take things to the next level. That’s when you can consider applying for a Writ of Control, which…
VIEWMeet us at the ISBA Conference 2023
As well as finding out more about our high quality debt collection and debt management services, you’ll have the chance to meet other industry experts, discuss current market issues and network. We’re proud to have been headline sponsors of the ISBA Conference since 2018. This year, the Conference takes place against…
VIEWAre debt collection agencies regulated?
If you’ve been struggling to recover an overdue debt, you may feel the time has come to get expert help from a professional debt collection agency (DCA). However, it’s natural to have concerns about protecting your reputation. Obviously, you need to choose a debt collection agency that has a good…
VIEWThinking of writing off a bad debt? There is another option that provides peace of mind.
However, there is another way forward - forget about chasing these debts, without having to write them off completely. All you have to do is transfer the ownership of the debts to Redwood Collections via BRANCH, our new debt purchase solution. How does BRANCH work? Transfer your unpaid debts and we’ll take…
VIEWWhat is the process for international debt collection?
Our super-connected world has empowered many more companies to trade internationally. However, with extra opportunity comes added risk. What happens if one of your overseas customers fails to settle an overdue debt? With potential language, cultural and legal barriers as well as geographical ones, international debt recovery can be more…
VIEWRecovering overdue debt – why it’s important to act quickly
The justice system is finally showing signs of recovery from the backlogs caused by closure of the courts during the COVID-19 pandemic. However, things are still not back to normal and significant delays are persisting in many parts of the UK. According to government statistics for January to March 2023, the…
VIEWRise in CCJs is a call to action for creditors
According to government statistics for January to March 2023, County Court claims were up 8% year-on-year to 443,000, the highest volume since Q1 2020. Of these, 371,000 (84%) were money claims, a year-on-year increase of 9%. Judgments were up 15% at 264,000, with 91% of these being default judgments. These alarming…
VIEWWhat is a statute barred debt?
If you’re not a lawyer or debt collection specialist, some of the terminology used in the legal side of debt collection can be a bit mystifying. And one of the most commonly used terms is ‘statute barred’. What does this actually mean for you as a creditor? It’s always preferable to…
VIEWThe truth about debt collection, your reputation and value for money
It’s natural to be cautious and have reservations about working with a debt collection agency (DCA) as there are many negative assumptions associated with professional debt collection.But a good DCA will be able to offer specialist expertise and experience, as well as demonstrating a strong track record and a commitment…
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