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Chasing Debts from Disqualified Directors
Debt Collection

Chasing Debts from Disqualified Directors

One of the biggest obstacles to recovering an outstanding debt has always been if a company ceases trading - this…
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Dodge Deadbeat Clients – 10 Ways to Spot Late Payers
Credit Control

Dodge Deadbeat Clients – 10 Ways to Spot Late Payers

We always say that in good credit control, prevention is better than cure - collections and recovery action should be…
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Looking at the Small Business, Enterprise and Employment Act 2015
Debt Collection

Looking at the Small Business, Enterprise and Employment Act 2015

Last week, the Small Business, Enterprise and Employment Act 2015 gained royal assent, meaning broadly speaking, the various measures that…
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Pay on time? No, I’ve opted out…
Debt Collection

Pay on time? No, I’ve opted out…

In a frankly astounding turn of events, Debt Guard Solicitors have proposed introducing a right for big businesses to opt…
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Laughable 6 Year Disqualification for Crashing Rail Company
Credit Control

Laughable 6 Year Disqualification for Crashing Rail Company

Mr Lawrence McGovern, director of Railtrades Ltd (“Railtrades”) has received a 6 year disqualification order for disposing of the company’s…
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80% of SMEs Operating Without Cash Reserve
Credit Control

80% of SMEs Operating Without Cash Reserve

We all know healthy cash flow is the life blood of any small business, but when your cash flow is…
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Prompt Payment Discounts could be ruled out by VAT laws
Credit Control

Prompt Payment Discounts could be ruled out by VAT laws

Changes to the way companies calculate the VAT on invoices that are subject to Prompt Payment Discounts could effectively rule…
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‘Small Business Conciliation Service’ – Mediation by Any Other Name
Debt Collection

‘Small Business Conciliation Service’ – Mediation by Any Other Name

Where do small businesses turn for help when they suffer due to late payment? Under new government plans, there could…
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Make 2015 your year to resist financial risks
Credit Control

Make 2015 your year to resist financial risks

Risk is an unavoidable part of business, particularly if you provide credit to your clients - even in the sense…
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Payment terms over 30 days ‘should be banned’
Credit Control

Payment terms over 30 days ‘should be banned’

A fundamental characteristic of late payment legislation so far has been its voluntary nature - nobody forces big businesses to…
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