Debt

‘The first priority…..tackle late payments’

“The first priority in her ministerial in-tray must be to establish the small business commissioner to tackle late payments, and to work with the Treasury on how to boost economic growth.” Margot James, a former business owner who supports a reduction in business rates, has been appointed minister for small business, consumer protection and corporate social [...]

2016-08-03T10:34:31+02:00August 3rd, 2016|Categories: Business, Debt, late payment, News|Tags: |

Recruitment Consultancy Debt

Short look into a recent recruitment consultancy debt successfully collected for our client. An attempt to get out of a clearly undisputable Permanent Placement Fee went sour for yet another debtor this week when they ended up paying our clients full invoice amount + late fees + interest and debt recovery fees.. Special conditions were nulled [...]

Enterprise Act becomes law, but when will it really help small firms resolve issues such as late payment?

The Enterprise Act includes measures to: - establish a Small Business Commissioner to help small firms resolve issues such as late payment - include the actions of regulators in the government’s £10 billion deregulation target and increase transparency through annual reporting requirements - extend the successful Primary Authority scheme to make it easier for businesses to [...]

2016-05-06T09:08:40+02:00May 6th, 2016|Categories: credit control, Debt, late payment, Legal, News|Tags: , , |

Outsourced Credit Control with Sterling Credit Management

Outsourced Credit Control Our outsourced credit control service has been re-branded. We are happy to invite you to our new credit control website providing information to any SME / business in the UK looking at outsourcing credit control services. www.creditcontrolservice.co.uk If you do regular business with slow paying clients, you are probably spending much more time chasing payments [...]

Online Court for claims up to £25,000

In a press summary published at www.judiciary.gov.uk refering to online court claims, the following statement was made. There is a clear and pressing need to create an Online Court for claims up to £25,000 designed for the first time to give litigants effective access to justice without having to incur the disproportionate cost of using lawyers. [...]

2016-02-25T16:53:52+01:00February 25th, 2016|Categories: Debt, late payment, Legal, News|Tags: |

Recoverable costs to be fixed?

Bar Council Chair Chantal-Aimée Doerries QC has responded to Lord Justice Jackson's speech on 28 January 2016 to the Insolvency Practitioners' Association, Fixed Costs - The Time has come, calling for recoverable costs to be fixed in all claims valued at up to £250,000. She said: "We look forward to reviewing Lord Justice Jackson's proposals in [...]

2016-02-12T12:10:42+01:00February 12th, 2016|Categories: Business, Debt, Insolvency, late payment, Legal, News|Tags: , |

Business translation debt.

Translation debt testimonial: One of Sterling's long term client's comments below on how money is effectively collected on their behalf for a translation debt owed by their clients. We have been using Sterling Debt Recovery for several years. I found their communications very effective. Many times when I heard a story from a client and went [...]

2016-01-21T15:07:55+01:00January 21st, 2016|Categories: Business, Debt, late payment, Legal, News, Outsourcing, Translation|Tags: , |

Recruitment sector client – back door placement dispute

Settlement increased from 50% to 85% of invoice value. Whilst we’d love to write about all our 100%+ win success stories, some of the others can still offer you great insight into dispute resolution. This particular client, a specialist recruitment firm working nationwide, asked for our assistance when they were faced with a debtor who had [...]

2015-12-07T13:49:55+01:00December 7th, 2015|Categories: Debt, late payment, News, Recruitment|Tags: , , |

Waste sector – Business debt recovery.

Waste sector - Business debt recovery. Our client who operates in the environmental and industrial waste sector had completed a job where they were instructed to remove waste from a building site comprising of heavy mixed waste. The waste was collected and removed, being signed off by the site manager. The MD of the construction company [...]

2015-10-15T15:12:57+02:00October 15th, 2015|Categories: Business, Construction, credit control, Debt, late payment, Legal, News|Tags: , , |

The Jackson Reforms

The Civil Procedure (Amendment) Rules 2013, otherwise known as ‘The Jackson Reforms’, come into force in England and Wales on 1 April 2013. One of the key effects of the reforms on debt recovery is the increase of upper limit of the value of cases which ought to be allocated to the Small Claims Track to [...]

2013-10-05T17:09:50+02:00October 5th, 2013|Categories: Business, Debt, Legal, News, Outsourcing|Tags: |
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