On this Podcast we take a ”Debt Deep Dive” with hosts Todd Davis and Kia Thompson delve into the complex issue of debt and its impact on individuals and Businesses as a whole. With their expertise in finance and personal experiences with debt, Rob and Kia provide listeners with valuable insights and practical advice on how to navigate the world of borrowing and lending. They explore the different types of debt, its causes and consequences, as well as strategies for managing and reducing debt ...
…
continue reading
This episode post from Corporate Debt Recovery Limited discusses the challenges of international debt recovery, highlighting legal complexities, cultural differences, and language barriers. It offers advice on successful debt recovery, including understanding local laws, maintaining open communication, and considering alternative dispute resolution…
…
continue reading
1
Outsourced Credit Control: Process & Benefits
17:21
17:21
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
17:21
This episode advocates for outsourcing credit control, highlighting its cost-effectiveness by eliminating in-house team expenses and leveraging specialised software. It emphasises the benefits of expert knowledge and improved cash flow, achieved through efficient processes and proactive debt recovery. The article details the process of outsourced c…
…
continue reading
1
What Happens When Your Debtor Doesn’t Pay Their CCJ?
26:46
26:46
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
26:46
This episode explains what happens when a debtor fails to pay a County Court Judgment (CCJ) in the UK. It details steps for enforcing the CCJ, including sending reminder letters and pursuing methods like attachment of earnings, warrants of control, charging orders, and orders for sale. The article also discusses the impact of a CCJ on the debtor's …
…
continue reading
This episode we explain bankruptcy, a legal process for individuals and businesses unable to repay debts. It details the two main types of bankruptcy in the UK, Chapter 7 (liquidation) and Chapter 13 (reorganisation), outlining their requirements and processes. The article also covers the benefits of bankruptcy, such as debt relief and creditor pro…
…
continue reading
The episode explains debt factoring, a financial service where a company sells its outstanding invoices to a third party (a factor) at a discount for immediate cash. This improves cash flow and saves time, but involves costs, reduced control, and may not suit all businesses. The article details the process, benefits, drawbacks, and factors to consi…
…
continue reading
This episode looks at debt recovery services in London by Corporate Debt Recovery Limited. They highlight their no-win, no-fee policy, tailored solutions, and commitment to maintaining positive debtor relationships. The agency emphasises efficient and effective debt recovery, saving clients time and resources, and providing peace of mind. Additiona…
…
continue reading
1
Individual Voluntary Arrangements (IVAs)
15:51
15:51
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
15:51
This episode explains Individual Voluntary Arrangements (IVAs), a UK debt management solution. IVAs are legally binding agreements where individuals repay debts over 5-6 years, avoiding bankruptcy. An insolvency practitioner facilitates the process, creating a manageable repayment plan approved by creditors. Benefits include affordable repayments, …
…
continue reading
This episode explains debt management plans (DMPs), which are programs helping individuals manage overwhelming debt. DMPs involve credit counselling agencies negotiating lower interest rates and simplified payments with creditors. The benefits include reduced interest, easier payment processes, faster debt repayment, and potential credit score impr…
…
continue reading
In this episode we explain Debt Relief Orders (DROs), a debt management plan for individuals in England, Wales, and Northern Ireland with low income and assets under £1000. A DRO allows for debt write-off after 12 months, offering protection from creditors and affordable repayments. Eligibility criteria include total debt under £20,000 and disposab…
…
continue reading
1
What is the County Court Business Centre?
10:20
10:20
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
10:20
In this episode we look at what is the County Court Business Centre (CCBC) in England and Wales, a centralised administrative hub for county court cases. The CCBC handles money claims, possession claims, and enforcement of judgments, primarily through an online portal but also accepting paper submissions. It streamlines the process, improving effic…
…
continue reading
In legal matters, it is often necessary for parties to engage in correspondence before taking any legal action. This is where a “letter before action” comes into play. A letter before action is a formal letter sent by a party to another, usually in the context of a dispute, as a final warning before initiating legal proceedings. In this blog, we wi…
…
continue reading
Starting and running a small business can be a rewarding and fulfilling experience. But one of the biggest challenges that small business owners face is the issue of unpaid debts. Whether it’s a late payment from a client or a customer who refuses to pay, these outstanding debts can severely impact the financial stability of a small business. In th…
…
continue reading
1
What to Do When a Customer Disputes Your Invoice
10:59
10:59
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
10:59
One of the most frustrating and challenging experiences is having a customer dispute your invoice. After putting in all the hard work of providing a product or service, the last thing you want is to have your payment delayed or worse, denied. However, customer disputes with invoices are uncommon, and it’s important to know how to handle them profes…
…
continue reading
1
Ins and Outs of High Court Enforcement
12:54
12:54
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
12:54
High court enforcement, also known as high court enforcement officers (HCEO), is a legal process used to recover debts and enforce court orders. It is a powerful tool available to creditors, but it can also be complicated and confusing for those not familiar with it. In this blog, we will take a closer look at the ins and outs of high court enforce…
…
continue reading
Have you ever heard of a CCJ and wondered what it is? Or perhaps you have received a letter or notice mentioning a CCJ and are unsure of its implications. In this blog, we will explore what a CCJ is, how it is obtained, and how it can affect you. What is a CCJ? A CCJ stands for County Court Judgement. It is a type of court order issued by the Count…
…
continue reading
1
Importance of Business Credit Scores
26:14
26:14
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
26:14
This excerpt from a website about debt collection services discusses the importance of a strong business credit score for the success of any company. The article explains that a good business credit score can lead to better financing options, improved cash flow, lower insurance premiums, and stronger business relationships. It also highlights that …
…
continue reading
This article from the website of Corporate Debt Recovery Limited explains the role of bailiffs, also known as enforcement agents, in the UK. It clarifies the legal powers and responsibilities of both civilian and certified bailiffs, dispelling common myths surrounding their practices. The article also provides practical advice for debtors who may e…
…
continue reading
1
Understanding Debt Consolidation Loans
12:06
12:06
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
12:06
This excerpt from the article "Understanding Debt Consolidation Loans" discusses the benefits and process of consolidating multiple debts into one single loan. The article explains that consolidating debts can simplify payments, lower interest rates, improve credit scores, and prevent harassment from collection agencies. The article also outlines t…
…
continue reading
This excerpt from a blog post on "Corporate Debt Recovery" discusses statute-barred debt, which occurs when a creditor can no longer legally pursue a debt after a certain period. The text explains the concept, outlining the different types of debts that can become statute-barred, and the implications for both creditors and debtors. It explores the …
…
continue reading
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 pr…
…
continue reading
1
Embracing the Future: Debt Collection Trends in the UK 2025
10:38
10:38
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
10:38
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…
…
continue reading
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 …
…
continue reading
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 statu…
…
continue reading
1
Tracing Agents for Landlords and Letting Agents
6:59
6:59
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
6:59
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…
…
continue reading
1
Understanding Commercial Rent Arrears Recovery (CRAR): A Landlord’s Guide
11:06
11:06
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
11:06
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 involve…
…
continue reading
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 …
…
continue reading
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 business…
…
continue reading
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 …
…
continue reading
1
What to Do When Your Customer Goes into Liquidation
14:32
14:32
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
14:32
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 di…
…
continue reading
1
New Free Cash Flow Criteria for SME IPOs
8:06
8:06
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
8:06
From September 2024, SMEs aiming to go public must meet new free cash flow to equity (FCFE) requirements. Our latest blog post delves into these regulatory changes, their impact on financial planning and IPO eligibility, and provides practical advice for businesses to prepare for these new standards. Learn how to strategically manage cash flow, enh…
…
continue reading
1
Effective Ways for Preventing Unpaid Invoices
8:11
8:11
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
8:11
Discover proven strategies to prevent unpaid invoices and maintain healthy cash flow in your SME. Learn how to set clear payment terms, implement structured follow-up processes, utilise credit checking services, and leverage professional debt recovery expertise for optimal results. One of the most effective strategies for preventing unpaid invoices…
…
continue reading
1
Ripple Effects of IMF Negotiations on International Debt Recovery
11:15
11:15
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
11:15
Navigating the complex landscape of international debt recovery amid IMF renegotiations: How SMEs can strategise to overcome economic instability and secure financial health. Recent warnings from political leaders about the risks associated with renegotiating with the International Monetary Fund (IMF) highlight a critical issue for international ec…
…
continue reading
If you’re a business owner in Manchester, you know how important it is to maintain a good cash flow. However, sometimes despite your best efforts, clients or customers may fail to pay their dues on time, leading to a strain on your finances. In such situations, it becomes crucial to seek the help of a debt recovery agency. And if you’re in Manchest…
…
continue reading
Credit card debt is a major issue that affects millions of people around the world. With high interest rates and tempting offers, it’s easy to fall into the trap of overspending and accumulating credit card. However, this debt can quickly become overwhelming and difficult to manage, causing stress and financial strain. If you’re currently strugglin…
…
continue reading
1
Government Tackles Late Payments for SMEs: What You Need to Know
7:27
7:27
التشغيل لاحقا
التشغيل لاحقا
قوائم
إعجاب
احب
7:27
Discover the latest governmental measures aimed at reducing the burden of late payments on small and medium-sized enterprises (SMEs). This blog post explores the proposed policy changes, their expected benefits for businesses, and how Corporate Debt Recovery Limited can assist SMEs in adapting to the new financial landscape.…
…
continue reading