Booze in Debt Recovery News

There have been some notable alcohol-themed insolvencies over recent times. Here are the highlights! Wining & Dining on HMRC The…

Santa The Big Spender

Advocate’s clients come from a vast array of industries. Each will have a peak season where demand for goods/services is…

What is the Corporate Insolvency and Governance Act 2020?

Cast your mind back to Christmas 2019 when the possibility of a pandemic was first being mooted. Remember that discussion…

How can you stop Directors Voluntarily Striking Off their Company?

When a company is struck off the register at Companies House it ceases to exist. Any assets not already disposed…

Commercial Casualties of Covid

The Corona Virus pandemic has brought about exceptional social and economic disruption on an unprecedented scale. The effects will be…

Starting a Business in a Pandemic Recovery

Unless you’ve been off-planet for the last 18 months, you’ll be aware the pandemic has hit the world’s economies large…

Crossing the Boarders with Debt Recovery

The ability of an individual to obtain justice through their national court is one of many barometers used when assessing…

Personal Debt Collection

Balancing the books of a business is very different to making sure you’ve got enough money until payday. That is…

Dishonest Directors in the Crosshairs

The Insolvency Service is embracing new powers afforded to it out of the coronavirus pandemic. Previously the Insolvency Service would…

Consumers will Drive the UK’s Economic Recovery

Leading economists have advised that consumers are the key to GDP growth and prosperity as the UK begins to recover…

HMRC Resumes Collections as Experts Warn of Financial Distress to thousands

As the UK and the economy emerge from the Covid pandemic and the worst-hit sectors restart trading, Her Majesty’s Revenue…

Debt Collection of Bounce Back Loans

The most popular of the support schemes launched by the Government to assist UK businesses during, and beyond, the Covid-19…

You haven’t been paid – should you take legal action or instruct a debt collection agency?

Council use of debt collection agencies continues to rise

Research conducted by Money Advice Trust the debt charity has highlighted the increasing use of debt collection agencies by councils….

Latest figures released by the Insolvency Service

Some interesting statistics have recently been released by the Insolvency Service including figures which show that for the first time…

Taking a debtor to Court – who pays the costs

The legal fees involved in taking Court action against a debtor include: The Court fee A solicitors’ claim issue fee…

The history of debt collection

The necessity to collect debt existed long before currency, even before money was invented, the bartering of goods or services…

Start-ups urged to consider the problem of late payment

The culture of late payment is effecting and even threatening the survival of many UK businesses.  Having to wait beyond…

Find out which business sectors and which areas of the UK pay late

New data released by Experian reveals that businesses in the UK settled their overdue invoices on average 1 day faster…

$83 Million awarded to a US woman following an illegal debt collection case

Maria Mejia from the state of Missouri in the United States has recently been awarded a world record $83 Million…

The UK Top 10 excuses for late payment

With UK businesses currently waiting to receive over £42 billion in late payment of invoices for the supply of goods…

Historic Football Club Wound-up with almost 1000 Creditors

A lower league football club famous for its FA Cup giant killing exploits has been wound up at London High…

HMRC Debt Recovery Practices in the Spotlight following Complaints

New research from a top six firm of chartered accountants has shown that HMRC has drastically reduced its use of…

Vodafone Criticised for Mistaken Debt Collection Action

The telecommunications giant Vodafone has been heavily criticised by industry watchdogs for instructing a debt collection agency to recover a…

A Guide to the Process of Debt Recovery Cases in the County Court

Issue Money claims are initially sent to the Northampton County Court Money Claims Centre (CCMCC) to be issued. The Court…

New Law to Change the Funding of Insolvency Cases

The campaign to stop a new law on legal funding of insolvencies is gathering pace as the debate intensifies. Campaigners…

Companies that do not pay on time to be reported

The business world would be a much nicer place if every business paid its suppliers on time. But they don’t!…

What to do when customers can’t pay or won’t pay

  A guide to Commercial Debt Collection Do you have customers who never pay to terms, customers who wait for…

North East Borough Council planning to establish an internal Debt Collection agency

It has emerged that a council in the North East is planning to set up an internal debt collection practice….

The Effect of Late Payment on Business

New research conducted by BACS has revealed that over three quarters of UK businesses suffer from late and non-payment of…

Court Fees to Increase Sharply

Commercial Debt Recovery Claim Costs to Increase If you go back just a few years Court fees just about covered…

New £5,000 Statutory Demand Minimum Debt Threshold

The eagerly awaited rise in the minimum debt threshold for insolvency action has been announced by the Government and met…

What are the Pre-Action Protocol Requirements for Debt Recovery

Pre-litigation conduct in respect of the requirements for debt recovery claims has become more and more comprehensive over the years…

Debt Collection Advice for Small Business Owners

  The vast majority of small business owners that contact us for help in recovering debts do so for two…

Know Your Customer and Avoid Commercial Debt Recovery

  Businesses of all sizes rely on a steady stream of new customers to safeguard and expand their operation. Depending…