A statute-barred debt is one where the clock has run out on your right to bring a court claim, and most people only discover it when they finally decide to act. The invoice is six years old, the last payment was made in 2019, and the file has sat in a drawer ever since. Working […]
Read More...Late payments are an unfortunate reality that most small businesses face, often resulting in cash flow difficulties and, in some cases, threatening the very survival of the business. As business owners and operators, it is crucial to understand the importance of developing and implementing strategies to prevent late payments, as well as effectively addressing outstanding […]
Read More...The education sector plays a pivotal role in shaping the future of our society. However, educational institutions often face significant financial challenges and must implement tuition recovery strategies, including recovering unpaid tuition and school fees. This can impact their ability to provide quality education and meet operational expenses. As the cost of education continues to […]
Read More...You won the case, the judgment landed, and nothing happened, which is exactly why enforcing a CCJ matters more than obtaining one. A county court judgment is a court’s confirmation that the money is owed. It does not move funds, and roughly two thirds of judgment debtors pay nothing until real enforcement action begins. When […]
Read More...Chasing a guarantor for unpaid rent arrears A growing challenge for UK Private Landlords is chasing guarantor for unpaid rent arrears. According to a recent survey by Which? a staggering one in twenty tenants did not pay their rent last month (April 2023) With this huge rise in unpaid rent arrears, landlords are being forced […]
Read More...