This episode post from Corporate Debt Recovery Limited discusses the challenges of international debt recovery, highlighting legal complexities, cultural differences, and language barriers. It offers advice on successful debt recovery, including understanding local laws, maintaining open communication, and considering alternative dispute resolution. The post also advocates for using debt collection agencies for their expertise and resources in navigating these international issues. Finally, it emphasizes the importance of patience and persistence in this often-lengthy process.

This episode advocates for outsourcing credit control, highlighting its cost-effectiveness by eliminating in-house team expenses and leveraging specialised software. It emphasises the benefits of expert knowledge and improved cash flow, achieved through efficient processes and proactive debt recovery. The article details the process of outsourced credit control, including analysis, process setup, implementation, and reporting. Finally, it underscores the importance of selecting a reputable provider to achieve optimal results and focus on core business operations.

This episode explains what happens when a debtor fails to pay a County Court Judgment (CCJ) in the UK. It details steps for enforcing the CCJ, including sending reminder letters and pursuing methods like attachment of earnings, warrants of control, charging orders, and orders for sale. The article also discusses the impact of a CCJ on the debtor's credit score and the possibility of writing off the debt if enforcement is unsuccessful. Finally, it advises seeking professional legal counsel before pursuing enforcement actions. The author concludes that obtaining a CCJ does not guarantee debt recovery.