Debt Deep Dive with Todd Davis and Kia Thompson

How to Ask for Payment Politely

This article from Corporate Debt Recovery Limited is a guide for businesses on how to politely request payment from clients. It covers various methods, including email templates, phone call scripts, and text messages, while emphasising the importance of maintaining professional relationships and fostering positive communication. The article also provides strategies for handling late payments, including the use of late fees and, in more serious cases, revoking access or seeking third-party help. Ultimately, the goal is to equip businesses with the tools they need to effectively manage their payment requests and maintain a healthy cash flow.
Source:corporatedebtrecovery.co.uk 
 

Embracing the Future: Debt Collection Trends in the UK 2025

In 2025, debt collection is expected to undergo significant changes due to advancements in technology and shifts in consumer behaviour. With the rise of digital payments and e-commerce, traditional debt collection methods such as phone calls and letters will become less effective.
Source:https://corporatedebtrecovery.co.uk/debt-collection-news/debt-collection-trends/

Small Claims Court Fees and process

Dealing with debt can be a stressful and overwhelming experience, especially for business owners. When debts are not paid on time, it can lead to serious financial difficulties and even impact the success of a business. In the UK, small claims court is a legal avenue available for individuals and businesses to recover their debts. In this blog, we will discuss the process of using small claims court in the and how Corporate Debt Recovery Limited can assist you in navigating this often-complicated process.
Source:https://corporatedebtrecovery.co.uk 

What is the statute of limitations UK

Debt is a common aspect of most people’s lives. Whether it’s credit card bills, student loans, or medical expenses, it’s not uncommon to owe money to various lenders.
 
However, what happens when you are unable to pay back that debt? Can creditors come after you indefinitely? The answer lies in the statute of limitations on debt collection.
 
The statute of limitations on debt collection is a law that sets a time limit for creditors to take legal action against a borrower for unpaid debts. This time limit varies depending on the type of debt and the state in which you reside. In this blog, we will dive deeper into what the statute of limitations on debt collection is, how it works, and what it means for you.

Tracing Agents for Landlords and Letting Agents

Benefits of employing tracing agents for landlords and letting agents in the United Kingdom. The article highlights how these professionals can locate difficult or non-paying tenants, assist with evictions, conduct background checks, and facilitate efficient rent collection, ultimately saving landlords and letting agents time and stress. The author emphasises the various resources and techniques used by tracing agents, such as access to databases, skip tracing, and legal expertise, to achieve these goals.
Source: ⁠https://corporatedebtrecovery.co.uk/blog/tracing-agents-for-landlords/
 

Understanding Commercial Rent Arrears Recovery (CRAR): A Landlord’s Guide

Commercial Rent Arrears Recovery (CRAR), a legal procedure in the UK that enables landlords to reclaim unpaid commercial rent. CRAR allows landlords to seize and sell a tenant's assets to recover outstanding rent, providing an alternative to costly and time-consuming legal action. The source outlines the conditions for using CRAR, the steps involved, the advantages and disadvantages for landlords, and tips for navigating the process effectively.
Source:corporatedebtrecovery.co.uk 

Free Debt Help & Advice

Corporate Debt Recovery⁠ have partnered with The Debt Advice Service who are a family led business created to help people who are financially struggling. They are a friendly and non-judgmental team that genuinely care about their customers, which can be seen from their excellent rating on trust pilot.
 
 
Are you worried about…
 
 
Overdrafts
⁠Credit Card Debts⁠
Payday lenders
Doorstep lenders
Old phone or utilities contracts
Store card Debts
Catalogue Debts
Loans of any kind
Source:⁠corporatedebtrecovery.co.uk⁠ 
 

Debtor Tracing

This blog post from Corporate Debt Recovery Limited discusses the importance of debtor tracing in the UK. The post explains that the process involves locating individuals or businesses who owe money to creditors, often using techniques to find their current addresses and contact details. The author argues that debtor tracing is crucial for businesses to recover unpaid debts, initiate legal proceedings, and protect their credit scores. The post also emphasises the importance of using professional debtor tracing agencies to ensure efficiency, ethical practices, and adherence to UK regulations.
Source: corporatedebtrecovery.co.uk 

Fastest Way to Get Out of Debt

This episode offers advice on how to get out of debt and achieve financial freedom. It outlines ten strategies, including creating a budget, stopping credit card use, negotiating lower interest rates, considering debt consolidation, increasing income, prioritising debts, exploring balance transfers, cutting expenses, seeking professional help, and staying motivated. The article aims to empower readers to take control of their finances and work towards a debt-free life.
 
Source: https://corporatedebtrecovery.co.uk 

What to Do When Your Customer Goes into Liquidation

As a business owner, one of the most concerning situations you can face is when one of your customers goes into liquidation. It can be a major blow to your finances and operations, leaving you wondering what to do next. But in these situations, it’s important to stay calm and take the necessary steps to protect your business. In this blog, we’ll discuss what you can do when your customer goes into liquidation.
Source: corporatedebtrecovery.co.uk