The Importance of Commercial Debt Collection Getting paid by your customers is absolutely crucial to your businesses cash-flow, slow and non paying customers can have serious impacts and not getting paid can quite literally put you out of business. If your customers are not paying then you should co
In 2018, the need for foreign debt collection is greater than ever before with the continued development of the European Business Community and ever increasing importing and exporting. There is a greater level of transparency across the globe in respect of validating a potential customer or
International Debt Collection Agency Boundaries and borders no longer exist in the Business world today with companies frequently doing some form of international trade resulting in a greater need for International Debt Collection services. Since the Brexit vote alone, there has been a reported incr
Dubai Debt Collection in the UK We are often approached by firms in Dubai for the collection of debt from individuals that have fled back to the UK leaving behind unpaid debts in the UAE. Some may say it is quite understandable why people would return to the UK without clearing debts owed in
As the old saying goes “if something is too good to be true then it probably is”. You may think you have nothing to lose by using a cheap back street ‘No win – No fee’ debt collection company but you might want to know lose the money that you are owed! Whilst British Business remains
The latest “Global Collections Review” survey undertaken by leading credit management specialist Atradius Collections, assessed the current commercial debt collection trends and practices with more than 1,700 companies in nine European countries. This second study, builds on the findings from th
A BUSINESSMAN is to be subpoenaed to appear before the High Court next week after a judge was told gardaí had received information that a “well-known criminal family” had engaged a Limerick person “known to the gardaí” for debt recovery reasons from another businessman. Mr Justice Brian Mc
As Irish banks look to debt recovery methods, the number of companies that passed into receivership more than doubled in 2009. In a recent release of figures by the InsolvencyJournal.ie it was revealed that there was an increase of 118% in the amount of receiverships and the total number of insolven
A recent survey has revealed that businesses around the world have an increased likelihood of outsourcing their debt collection requirements in the aftermath of the recent financial crisis. The figures, recently released as results from the Global Collections Review which surveyed over 3500 companie
The US debt collection industry is wired as the implementation of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act moves closer. Many debt collectors are expecting large changes as of Feb. 22, when many provisions of the Act take effect, with the primary focus now on adaptin