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Debt collection

Dealing with Bailiffs

Bailiffs have traditionally struck fear into people. In the popular imagination, they’re irresistible forces that have the power to strip you of all your possessions. In reality, though, your attitude to bailiffs will depend largely on whether you’re a debtor or a creditor. Using a Bailiff If you’re owed money by a customer or tenant, there are many possible actions for recovering the debt. Most of these involve comm
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Terms & Conditions — You Have Them But Do You Apply Them?

Let’s face it, none of us read the terms and conditions for the goods and services we buy. In fact, the Telegraph suggests that it would take most of us fifty years to read them all. So, does that mean you don’t have to read the Ts & Cs in the contracts you issue, either? Absolutely not. And, more to the point, it’s essential to apply them. What Are Your Terms & Conditions For? Your Ts & Cs don’t have to
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Keep Safe from Cyber-Crime

Early this month, BA issued an apologetic warning that their booking website had been hacked. Describing the incident as a “sophisticated, malicious criminal attack”, they admitted that customers’ credit card details had been stolen — including the CVV codes, suggesting an interception rather than harvesting data. BA is just the latest in a long list of major organisations that have suffered recent
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More Problems with Litigation!

This is the month most of us go on holiday, especially if you need to coordinate with school breaks. If you’re about to go on a well-earned break, have a great time, and if you’ve come back, I hope it lived up to your expectations. Of course, your business has to carry on while you’re away. I highlighted one of the ways criminals could take advantage of your absence, and I’ve also posted that
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Protect Your Company Against Bad Debt

You can hardly have missed the major companies failing left, right and centre in recent months. Carillion, Palmer and Harvey, Maplin, Toys R Us — the list goes on. House of Fraser is in serious trouble, and that may well have gone further by the time you’re reading this. The problem goes all the way through business, from giants to SMEs. Corporate failures rose by 2.5% last year, and with two or three years of
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Are You Suing Who You Think You’re Suing?

The law is notoriously pernickety about detail, and if you’re suing a company for a debt (or for any other reason), it’s vital to get everything exactly right. And the potential pitfalls include the name of the company. What Kind of Mistakes Are Made? Company names, especially if the business is registered  as a limited company, are very precise, and giving an incorrect or imprecise name could threaten yo
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Speaking of Bailiffs

A happy Easter and/or Passover to you — whichever you celebrate. We’re now at the start of the new tax year, and I hope you’ve made a resolution to start it by minimising both the debt you owe and the debt you’re owed. Strong, effective systems can help with both, but if you have difficulties recovering money that’s owed to you, you’re very welcome to get in touch with SJ Collections. Ne
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Trouble Ahead for Small Businesses?

One the great successes that’s bucked the trend of recession and austerity over the past decade has been the small business sector. Apart from a brief dip after the Brexit vote, the FSB’s (Federation of Small Businesses) confidence has been positive for the last five years. All that seems to be changing, though. The Small Business Boom Since the crash of 2008, things haven’t been easy for business, or for their emplo
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Private Consultants and the Digital Court

The sudden and dramatic collapse of Carillion has thrown into stark relief the whole system of outsourcing public contracts to a few large companies. Even before Carillion’s collapse, though, many experts were nervous that planning for crucial reform of the court system appears to be largely in the hands of these same giant contractors. Digitising the Courts The court system in England and Wales has never been so ove
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You Might Be Surprised Who the Biggest Tax Dodgers Are

Tax evasion and avoidance are big news these days, and most of us associate them with the multinational corporations and super-rich celebrities we read about in the news. But HMRC recently revealed who the biggest culprits are — SMEs. SME Tax Evasion HMRC estimates that they’re owed a total of £5.2bn in evaded tax payments, and of course those are only the debts they know about. Tax evasion, unlike tax avoidance, is
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