Obviously I will say outsource, but with good reason. Working in an office filled with teams of credit controllers gives me plenty of great insight into how credit control truly makes a difference between make and break for many SME’s, and how time consuming the process is. Having an experienced and reliable credit controller is the
In a press summary published at www.judiciary.gov.uk the following statement was made. Online Court: Provisional View: There is a clear and pressing need to create an Online Court for claims up to £25,000 designed for the first time to give litigants effective access to justice without having to incur the disproportionate cost of using lawyers. There
Bar Council Chair Chantal-Aimée Doerries QC has responded to Lord Justice Jackson’s speech on 28 January 2016 to the Insolvency Practitioners’ Association, Fixed Costs – The Time has come, calling for recoverable costs to be fixed in all claims valued at up to £250,000. She said: “We look forward to reviewing Lord Justice Jackson’s proposals in
Insolvency Practitioners and debt collection. Resource and experience are available to undertake a range of investigations. Sterling work with Insolvency Practitioners to value sales ledgers and to cost effectively collect book debts quickly and efficiently. Sterling Debt Recovery provides a proven service to Insolvency Practitioners working with Receivership – Liquidation – Administration – Company Voluntary Arrangement
We have been using Sterling Debt Recovery for several years. I found their communications very effective. Many times when I heard a story from a client and went back to Sterling , I found that Sterling records and information was correct and reliable. They did a marvellous job by recovering £70k without damaging our relationship with
Requirement: Challenged with fast business and customer growth, we were approached by this medium sized UK manufacturer with their business needs. One of those being, they wanted the most cost effective, efficient way to manage the increased workload of invoice processing, follow up and order processing, which the growth in new business brought with it. Important
Settlement increased from 50% to 85% of invoice value. Whilst we’d love to write about all our 100%+ win success stories, some of the others can still offer you great insight into dispute resolution. This particular client, a specialist recruitment firm working nationwide, asked for our assistance when they were faced with a debtor who had
Interesting collection history from one of the recent successful debts collected by Sterling. One of our long term clients, a top UK accountancy firm, passed us a debt where one of their long term clients (using their services for the past 20+ years) began persistently paying late. The debtor had been asked on numerous occasions by the
Sterling assisted a financial services company to recover unpaid instalments of loans granted to individuals under a trust. After the claim form was served, all 5 individuals contacted Sterling voluntarily to pay the full amount of the loan instalments plus legal costs and court fees. Furthermore, they agreed to make arrangements to repay the entire loans
Our client who operates in the environmental and industrial waste sector had completed a job where they were instructed to remove waste from a building site comprising of heavy mixed waste. The waste was collected and removed, being signed off by the site manager. The MD of the construction company later refused to pay for the
If you are offered a discount for early payment, don’t expect the discount when you pay late! One of our regular recruitment sector clients contacted us with a debt when their client had been given special terms (a discount) under one simple condition, pay on time. Shockingly, despite the handsome discount fee given for the placement
Recruitment Sector Debt – Collected! This recruitment sector debt collection success began when our client contacted us having suffered two of their staff being ‘poached’ by a competitor agency. The two staff were at that time contracted out to a hiring company by our client. The competitor continued supplying them to the hiring company. The hiring company
