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Articles

National Debt of the United Kingdom Infographic

  The UK National debt is the total quantity of money borrowed by the Government of the United Kingdom at any one time through the issue of securities by the British Treasury and other Government agencies. Official figures state that as of July 2011 the British national debt amounted to £940 billion, or 68% of […]

We are the best at what we do. Find out why…

At Federal Management we are very passionate about being the best at what we do. We pride ourselves on the knowledge and skills of our people and always endeavour to provide a diligent, progressive and quality service to our clients. Success is built on integrity-driven performance as well as complying with the regulatory, legal and […]

Debt Recovery Advice for Businesses

Debt Recovery Advice for Businesses Over the past 18 months there have been a number of cases brought against companies and businesses for unethical and inappropriate ‘debt recovery’ practices. Banks, Utility Firms, Payday lenders and Mobile phone companies are just some of the industries that have been hit with fines or warnings over their practices. […]

Dealing with Business disputes

  Spurious disputes cause headaches for Businesses across the UK, this unfortunately can be used by the unscrupulous to avoid payment. Whilst some will be absolutely valid, it pays to be open minded in relation to these. Unfortunately there will be times when customers may not agree with the invoice amount, and/or make claims that they were […]

Top Expert Debt Recovery tips & advice for Businesses

Over the past couple of years, there have been many instances where both criminal or civil cases have been brought against companies for wrongful actions when trying to recover their own debts. High Street Banks, Utility Companies, Payday loan firms and Mobile phone companies are just a few of the sectors that have seen a clampdown […]

Taking action to recover unpaid Business Debts is a must, say experts.

Some companies still not acting on bad debts Figures from a recent survey suggest that the lack of action with regards to unpaid Business invoices is still a massive problem. According to Insolvency trade body R3, over 23% of company failures over the past year (up to August 2016) were blamed upon the non or late payment […]

Sending a Business Letter before Action

When a Business has exhausted their credit control processes and an account now becomes a ‘debt’, a Letter before action can come in very handy in terms of procuring payment. A letter before action (also known as a LBA) is a document that sends a clear message to a debtor that time for payment is […]

7 things not to do when somebody owes you money

Chasing unpaid bills can be very frustrating for Business owners In the modern day United Kingdom,  it is in your own interests to be aware of the potential problems your actions can cause when trying to get your customers to pay you. Ignorance is not an excuse and there are laws in place to protect […]

What to do when a client does not pay

In High street retail and most ‘point of sale’ businesses, purchases are settled upfront. In this instance, if a payment does not go through then the customer just doesn’t get the product. It is that easy. However, most of those not in this sphere of industry operate on a ‘goods and services first – invoice […]

UK Businesses First Choice for Debt Recovery.

UK Businesses First Choice for Debt Recovery FREE NO OBLIGATION DEBT RECOVERY QUOTE Federal Management are only a phone call away, 0800 043 6922. Debt Collection can be a daunting and time consuming project, especially when several of your clients are behind on their payments. Potential losses can be incurred if your payments are not […]