Archives for business owner

Attachment of Earnings Order (AEO) Demystified: The Ultimate Guide to Debt Recovery

Attachment of Earnings Order (AEO) Demystified: The Ultimate Guide to Debt Recovery

August 31, 2023 | No Comments

Navigating the complex world of debt recovery can be challenging, but one powerful tool can make all the difference: the Attachment of Earnings Order (AEO). You’re not alone if you’re struggling to recover debts from individuals who seem to be evading payment. In this blog, I’ll break down the essence of AEOs, walk you through the process, and show you how creditors and debtors can benefit. Understanding AEOs As a debt recovery specialist, I understand the importance of AEOs. These orders empower you as a creditor to collect the debts owed to you directly from a debtor’s earnings. This strategic
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Unveiling Charging Orders: How They Strengthen Debt Recovery Efforts

Unveiling Charging Orders: How They Strengthen Debt Recovery Efforts

August 30, 2023 | No Comments

As a debt recovery specialist, I understand the challenges creditors face when attempting to recover outstanding debts. Charging Orders can be a game-changer, providing a legal means to secure debts against a debtor’s property. If you’re ready to enhance your debt recovery strategy, read on and discover the potential of Charging Orders. And remember, I’m here to provide expert advice tailored to your unique situation, so feel free to reach out. The Charging Order Process Initially, an application is submitted to the Courts using a two-pronged process. This usually takes around 6-9 weeks to finalise. Application: As a debt recovery
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Unveiling the Power of Oral Examinations in Debt Recovery

Unveiling the Power of Oral Examinations in Debt Recovery

August 19, 2023 | No Comments

You have judgment, but voluntary arrangements have failed, and your debtor is proving difficult and citing that they have no assets. What can you do to exercise that what they tell you is the truth? An oral examination is a powerful tool you can use once you receive a judgment (CCJ) from the Courts. In this blog post, I'll delve into the essence of oral examinations – a legal process where debtors are summoned to court to shed light on their financial circumstances.
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Navigating the BoE’s 14th Consecutive Rate Increase

Navigating the BoE’s 14th Consecutive Rate Increase

August 11, 2023 | No Comments

The recent move by the Bank of England (BoE) to implement its 14th consecutive interest rate increase, raising rates to 5.25%, has set in motion a series of changes that extend beyond the surface-level market dynamics. As a Debt Recovery Specialist, I want to show how this decision can significantly influence businesses and their strategic financial planning. Let’s delve into the profound implications this rate adjustment holds for various aspects of our economic landscape. Borrowing Costs: The BoE’s decision to raise interest rates directly impacts borrowing costs, creating a ripple effect throughout the business world. This development is significant for
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Navigating Legal Proceedings: A Guide for Small Business Owners

Navigating Legal Proceedings: A Guide for Small Business Owners

August 9, 2023 | No Comments

Running a small business is rewarding but often comes with its fair share of challenges. One such challenge is dealing with disputes that may arise with customers, suppliers, or even competitors. As a small business owner, you might wonder when initiating legal proceedings is truly cost-effective. In this blog post, we'll delve into the factors you should consider before pursuing legal action, ensuring you make informed and strategic choices for your business.
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Terms and Conditions: Safeguarding Success

Terms and Conditions: Safeguarding Success

August 1, 2023 | No Comments

Small business owners often overlook the importance of terms and conditions, considering them unnecessary or only relevant to large corporations. However, the reality is quite the opposite. Terms and conditions are critical for every business, regardless of size, as they are a protective shield and a legal framework that fosters smooth transactions and customer satisfaction
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Growth Begins At The End Of Your Comfort Zone

Growth Begins At The End Of Your Comfort Zone

October 23, 2019 | No Comments

How often have you been on journey where you’re sitting either on a bus or a train and its pouring outside? And you think to yourself “Wow I’m lucky to be in the dry”. … But are we really? When we go through our day to day lives – we come across things which fall outside of our general zone of comfort, which tests our ability to either be strong or crumble. As a business owner, we are currently being pushed to the corners of our comfort zone to take the risks to see what works, what I’ve learnt is
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5 Tips To Beat Procrastination

5 Tips To Beat Procrastination

September 11, 2019 | No Comments

Do you sometimes feel as though you’re sinking? That there’s a lot to do, but there isn’t a lot of time to get it done? Do your emotions run high when you look at your To-Do list? You think “how am I going to tackle all of that today?” I think it’s safe to say, we’ve all been there.  Gone are the days when you used to work as an employee, pigeon holed to perform just one task. … Maybe you’re still that employee, but your focus has shifted to something that serves a greater purpose to you, and what
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