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International Debt Collection: Navigating the Global Financial Landscape
In today's interconnected world, businesses and individuals frequently engage in international trade and transactions. While this global interconnectedness offers numerous opportunities, it also poses challenges when it comes to debt collection. International debt...
Savings & Investment Fraud in 2022 – Things To Look Out For & Check
People are always looking to get a better return on their savings or investments which maybe held in a Bank or Savings Account on low rates of interest. Scammers have become wise to this and have been advertising some very appealing rates, for instance a rate of 7%...
Overdue Invoices – What is your best option?
Are you dreading chasing your clients for overdue invoices? Here’s some simple steps on what to do. No one enjoys chasing their clients for overdue invoices. The importance of cashflow running through any business whether it be a large PLC employing thousands of...
Corporate Insolvency & Governance Act 2020 – Update
The Corporate Insolvency & Governance Act 2020 was announced on 23rd April 2020, and introduced by the UK Government on the 25th June 2020, having received Royal Assent. The Act was introduced for a number of reasons, companies could get longer periods of time...
How Does International Debt Collection Work?
If your business deals regularly with clients overseas, it can be a very daunting task to recover your invoice or invoices if they don’t pay you. Every country in the World has different rules, regulations, laws and litigation procedures. International Debt Recoveries...
Greek Tragedy Turned Into Dramatic Financial Triumph
This is a case study illustrating how a Greek translation company recovered a large debt from UK translation company. Our Greece-based client was owed £109,000 (€125,000) from a UK translation company. The invoices raised were between 1 – 6 months old. Our...