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Search underway for UK’s first Small Business Commissioner

The Small Business Commissioner, expected to be based in Birmingham, is just one part of a package of measures designed to tackle this and drive a real change in the UK’s payment culture. Regulations coming into force in April 2017 will require big businesses to publically report on the time taken to pay their suppliers, and [...]

2017-02-18T09:53:18+00:00February 18th, 2017|Categories: B2B, Business, credit control, Debt, Late payment, Legal, News, Outsourcing, SME|Tags: |

Recruitment debt – Placement fee recovery

Recruitment Debt - Recovery of Placement Fee An attempt to get out of a clearly undisputable Permanent Placement Fee went sour for yet another debtor this week when they ended up paying our clients full invoice amount + late fees + interest and debt recovery fees.. Special conditions were nulled by the debtor when they failed [...]

Enterprise Act becomes law, will it help small firms resolve issues such as late payment?

The Enterprise Act includes measures to: establish a Small Business Commissioner to help small firms resolve issues such as late payment include the actions of regulators in the government’s £10 billion deregulation target and increase transparency through annual reporting requirements extend the successful Primary Authority scheme to make it easier for businesses to access consistent, tailored [...]

2016-05-05T16:41:30+00:00May 5th, 2016|Categories: Legal, News, SME|Tags: |

Lord Justice Briggs proposes an Online Court for claims up to £25,000

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 [...]

2016-02-25T16:53:52+00:00February 25th, 2016|Categories: Debt, Legal, News|

Fixed costs proposal raises access to justice questions – The Bar Council

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 [...]

2016-02-12T12:10:42+00:00February 12th, 2016|Categories: Insolvency, Legal, News|

Insolvency debt collection

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 [...]

2016-01-06T13:49:56+00:00January 6th, 2016|Categories: Finance, Insolvency, Legal, News|Tags: , , , , , , , |

How Sterling successfully assisted this financial services company

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 [...]

2015-10-28T09:20:21+00:00October 28th, 2015|Categories: Finance, Legal, News|Tags: , , |

Warning to SME’s chasing late payments

SMEs will be disadvantaged in chasing late payments from big business customers the Bar Council has warned. Wealthy individuals and big business will have the upper hand in court proceedings if further increases in court fees get the go ahead under plans announced by the Ministry of Justice, the Bar Council has warned. The Bar Council, which [...]

2015-10-02T10:28:06+00:00October 2nd, 2015|Categories: Legal, News|Tags: , , |

Small Claims Court success

Small Claims Court: A Small Claims Court success for our client who performed plumbing works for a large chain restaurant, which subsequently refused to pay on the grounds that the documents were not in order and the Purchase Order had not been complied with. We filed a claim against them in the Small Claims Court, adding [...]

2015-09-11T15:50:23+00:00September 11th, 2015|Categories: Construction, Legal, News|Tags: , , , , , , |