Self Employed And Not Been Paid Self employed and not been paid is an ongoing issue in the UK. Working as a freelancer or independent worker can be challenging at the best of times, but when you’re hit with late-paying clients this can make being self employed a lot harder. Late payment is an extremely […]
Debt Collection Peterborough Since the beginning of Federal Management’s long history, it has become clear that there is a large need for debt collection requirements in, and around, Peterborough. As part of our UK-wide service, we’ve taken steps to focus our efforts on ensuring we provide a dedicated debt collection solution to those in Peterborough […]
Federal Management has received full approval from the FCA in relation to performing Debt Collection and Debt Recovery Activities in the UK, following a lengthy administration process. The Debt Collection Industry is now subject to heavier scrutiny than ever and any legitimate Debt Collection Agency will be approved under section 59 of the Financial Services and Markets Act […]
Personal Guarantees from Company Directors It is a standard practice for companies in some instances to ask for a personal guarantees from Company Directors but are they enforceable? The answer is very much YES, and they can be a valuable tool in providing recourse to a company’s Director in the unlikely event the company defaults […]
Recovering Debt from Overseas Customers Recovering Debt from overseas customers can represent a headache for any business, large or small. In the case of the smaller enterprise, a cash flow crisis can quickly turn into something far more serious so regardless of the location of your customer, it is imperative that it is tackled quickly […]
Scottish businesses are less likely to enter insolvency than those in the rest of Britain, according to new analysis. Data released by Creditsafe said firms in Scotland have a 7% higher average credit rating than those in England and Wales. It rated companies north of the border as having a “good” level of creditworthiness while […]
There are “reassuring” signs the economy is continuing to recover and there is a “more upbeat mood” among the business community, Business Secretary Vince Cable has said. He told the CBI’s annual conference the UK needed to do more to drive exports to fast-growing countries. To help do this he said the government was continuing […]
Leading Commercial Debt Collection Organisation Federal Management has announced a 18% increase in Collection figures for the first quarter of 2013, compared with the first quarter for 2012. This latest announcement of record recovery figures will only further enhance the growing reputation of Federal and goes very much against the grain of current trends within […]
5 Ways a Debt Collection Agency Business Can Help You If you are in an industry where getting paid on time is a frequent problem, you should use a professional debt collection agency to collect late payments from all your debtors. Here are 5 ways in which a proficient debt collection agency like Federal Management […]
Official figures released by Accountant in Bankruptcy (AiB) last week report 5,601 personal insolvencies in Scotland in the first quarter of 2012/13 – a 14.9 per cent increase on the previous quarter and a 5.3 per cent increase on the same period in the previous year. In total there were 3,310 awards of bankruptcy, showing […]