The impact of COVID-19 has been monumental for a lot of us, particularly for business. UK Chancellor Rishi Sunak has today warned “the UK economy will contract by 11.3% this year, the largest fall in output for 300 years.” He then went onto state that economic output won’t reach pre-crisis levels until Q4 2022. The …
Official Forecasts Now Predict The Biggest Economic Decline In 300 Years Read More »
When it comes to collecting debts on behalf of your business, we know first-hand that you have many questions about the process. In this article, I share insight into the commercial debt recovery process and why it might not be what you think! The Debt Collection Process When people hear the term ‘commercial debt collection’ …
An Insight into Commercial Debt Recovery – it’s not what you might think! Read More »
Being paid on time is now more important than ever given the economic upheaval caused by COVID-19. From businesses going through administration to account disputes there are several reasons that a customer will pay you late. Being paid on time is essential to your business’ survival, they support a healthy cash flow and prevent your …
How to Handle Poor Payment Behaviour From Businesses Read More »
Age of invoice: 4 months old Principal Sum: £12,000 Days to recover: 10 days A recent client within the manufacturing industry got in touch to discuss a 4 month old debt. They explained how the debt was worth £12,000 and there had been previous contact with the debtor on several occasions arranging a payment …
Over the years debt recovery has gathered a very negative perception from almost everyone. But why? When someone says the words “debt recovery” what springs to mind? Man chapping your door Damage your brand Stealing money Unprofessional Can’t pay take it away Extreme Measures Dishonesty Can’t trust them Ironically, most people with these opinions …
Taboo – Why do so many people hate debt recovery? Read More »
What if you could recover your outstanding accounts free of charge? Would you use a pre-litigation debt recovery company… Glasgow based commercial debt recovery company Darcey Quigley & Co have applied a real focus on recovering all additional costs from debtors. Working under the Late Payment of Commercial Debts Act 1998, they don’t only recover …
When faced with overdue accounts it is important to recover your money as quickly and as cost effective as possible. Using a debt recovery company may sound expensive – but think again! In most cases, by using Darcey Quigley & Co it can often be completed for free. We work under the Late Payment of …
