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What is a County Court Judgment (CCJ), and how much does it cost?

How can Redwood Collections help? We can provide appropriate legal options and assistance at every step of the process; from the moment you decide a CCJ is the right course of action to enforcing the judgment. As soon as you contact us, you will be assigned a dedicated account manager and…

ParentCheck+

Minimise financial risks in the education sector. ParentCheck+ empowers schools to assess the financial reliability of parents or guardians before committing to payment agreements. By reducing the likelihood of non-payment, this service helps secure your institution's financial stability.…

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What if bailiffs are unable to enforce a County Court Judgment (CCJ)?

When do I need to consider a debt collection agency? Having to take further action against a defaulting debtor is not just frustrating, it can feel uncomfortable, particularly when you're dealing with a customer who has previously had a good payment record. That's why leaving it to a good debt…

How do I choose a debt collection agency?

Are they FCA regulated? This is likely to be a deal breaker. If a debt collection agency is not regulated by the Financial Conduct Authority, it's probably wise to strike them off the list from the get-go. Being FCA regulated shows that the company follows best practice and adheres to…

General Terms and Conditions of Business

1. Definitions1.1 Ancillary Charges means: the charges set out in the Price List, disbursements paid to third parties and costs and charges set out in paragraph 8.5 below.1.2 - Client means: the person, limited company or business instructing Redwood in relation to the Services.1.3 - Debt means: each sum owed…

How effective are debt collection agencies?

Don't delay If you're going to put a debt in the hands of a debt collection agency, it pays to act sooner rather than later. The longer an account remains unpaid, the more difficult it can be to recover the debt. Over a period of time, a debtor's circumstances can change…

What is debt recovery?

Choosing a debt recovery specialistAs well as their proven ability to get the job done, the most important thing to consider when choosing a debt collection agency to handle debt recovery for you is safeguarding your reputation. Will that company take the time to understand your business, your customers and…

What if a solicitor's letter is not enough to settle a debt?

Expert guidance and support Working with an experienced debt collection agency can relieve you of the stress and hassle of chasing payments or taking further action against a defaulting debtor. At Redwood Collections we work on a ‘no collection, no commission’ basis, so it's in our interest to recover a debt as…

Which debt collection service is right for you?

Do you have a large number of credit accounts?If you operate a high-value sales ledger with a large number of debtors, you can choose a premium service and ensure your credit control processes are carried out efficiently and cost-effectively in line with pre-agreed workflows. Benefits can include more accurate forecasting,…