In today’s globalised economy, businesses often deal with clients and suppliers across different countries, giving rise to the complex challenge of cross border debt collection. International debt recovery presents unique obstacles, ranging from language barriers and differences in legal syste
Personal Debt Recovery in London tips Dealing with personal debt recovery in London can be a difficult and stressful situation to be in. Whether you are trying to collect money owed from a friend or unpaid fees from an individual, it can be a confusing and frustrating process. As a resident of Londo
Debt Collection for Catering Supplies Companies In the catering supplies industry, maintaining a robust cash flow is crucial to ensuring smooth operations and business growth. However, many companies in this sector find themselves grappling with the issue of late or non-payment from clients, which c
Owed money from a dissolved company? Collecting a debt from a dissolved company can be a complex process. Very often, a company is closed because it is unable to pay its debts. Very often, the company will go into liquidation but not always. If a business owes you money and they have been dissolved,
What can I do if a company in liquidation owes me money? When a company to which you are a creditor goes into liquidation, it can be a stressful and complicated situation. However, understanding your rights and the process of liquidation can alleviate some of this stress. This article aims to provid
As a business owner, one of the most frustrating situations to deal with is a client not paying invoice. Unfortunately, this is a common occurrence in the business world and can create significant financial strain for small businesses. There are several reasons why a client might not pay an invoice.
Non payment of settlement in the UK Non-payment of settlement is a growing problem in the United Kingdom. It is a growing concern among individuals and companies alike. Settlements are usually reached as a means of resolving disputes between parties without the need for legal action. This can save b
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 extr
Dealing with an unpaid promissory note UK An unpaid promissory note is a fairly uncommon situation in the UK. However, some Business owners will encounter a promissory note in some types of agreements. They usually arise in connection with certain types of loan agreements. Promissory notes can also
Directors Personal guarantee and Debt Recovery Limited Company Directors can routinely be required to provide a Directors personal guarantee. This is often used when securing a loan or various financial arrangements. In the event that the Limited Company goes into liquidation, the Director can be he