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
What Are Private Debt Collectors? Private debt collectors are private companies that specialise in recovering outstanding debt from individuals and organisations. They have the advantage of being able to focus their resources on a single personal debt collection task. This enables them to be better
5 tips To Avoid Dental Debt Collection Do you require dental debt collection solutions to recover unpaid fees from non-paying patients? It is a growing issue in the dental industry as highlighted by Dentistry.co.uk In recent years, it has become increasingly common for dental practices to experience
Recovering debt from a Sole Trader Recovering debt from a sole trader is not straight forward. Very often a sole trader maybe using a trading name. They do not have limited liability as a Limited company does and therefore can be treated differently. Debt Recovery is a common challenge that many bus
What are Accounts Receivables? Managing accounts receivables is a crucial aspect of managing a business’s financial health. Accounts receivables refer to the money owed to a business by its customers for goods or services rendered. Efficient and effective management of accounts receivables ens
FCA Regulated Debt Collection Federal Management are one of a small number of FCA Regulated Debt Collection companies that are fully and appropriately authorised to recover FCA regulated debt. In the UK’s current climate, it is essential to work with trusted companies that deliver professional