Remove Bankruptcy Remove Collection Agencies Remove Collection Agent Remove Debt Recovery
article thumbnail

What Are The Common Problems Faced by the Debt Collection Agents?

Taurus Collect

Thus, timely debt collection is crucial for every business. Moreover, debt recovery is directly associated with your credit score. Therefore, it is vital to have a robust debt collection strategy to enable you to stabilise your cash flow and acquire money from your debtors without hampering your business relationships.

article thumbnail

Toll fine Debt Collection letters are ‘intimidating and misleading’

UK debt collections

Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are “initimidating and misleading” debt charities have warned. The Debt Collection letters advise of potential fines and even criminal convictions. The initial penalty is £60 on top of the original £1.90

article thumbnail

Personal Director’s Guarantees: Increase Your Chances of Recovery and Reduce Debt

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Professional and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. The current level of personal bankruptcy and corporate insolvency is going to increase, post COVID-19. Most debtors owe multiple vendors, not just one. The devil is in the detail.